Kora wants to swap floating rate with fixed rate on her loan of $800,000 that needs to be paid back in 4 years. She is paying a floating rate based on one-year spot rate at the beginning of each year. Calculate the swap rate with the help of following prices of zero- coupon bonds. Maturity 1 2 3 4 5 Answer choices: a. 9.52% b. 22.22% Price c. 12.24% d. 53.97% 0.87 0.82 0.76 0.70 0.63