GE and British Airways (BA) enter into a 5-year currency swap on February 1, 2017. Once a year, GE pays 5% in GBP to BA, and gets 6% in USD from BA, where the principal amounts are USD 15 million and GBP 10 million. The term structure is flat with r_USD = 2.5% and r_GBP = 2.0%. The current exchange rate is S₀ = 0.77 GBP/USD (that is, 1 USD costs 0.77 GBP). (a) Use the bond method to value the swap for BA on February 2, 2020 (answer should be in GBP). (b) Use the forward contract method to value the swap for BA on February 2, 2020 (answer should be in GBP). [Hint: the "domestic" company is BA so the domestic currency is GBP.]