Ford has a 5 year $100m fixed rate loan with Citibank at 4.3 % (annual rate). Ford now thinks rates will go lower and calls Goldman Sachs for a swap and receives a quote of 2.90% / 3.00% (annual rate) against 6m LIBOR flat and executes the swap. Assume at the next rate reset, 6m LIBOR is 1.1 % (annual rate). What is Ford's net effective annual interest rate for that rate reset in annual terms but do not put in the % sign? (eg 5.15% = 5.15)