Optimal Industries wants to enter into a 3 year swap in which it will pay cash flows based on a floating rate and receive cash flows based on a fixed rate. Notional principal amount $100m Maturity 3 years Floating Index 1 year Libor Payment Frequency Annual 1 year Libor 6% 2 year Libor 8% 3 year Libor 10% Determine the appropriate fixed interest rate that Optimal Industries will receive