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Please answer with proper calculations and steps. Please answer all parts with proper steps and explanation to get a thumbs up. 3 In September 2020,

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Please answer with proper calculations and steps.

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Please answer all parts with proper steps and explanation to get a thumbs up.

3 In September 2020, swap dealers were quoting a rate for five-year euro interest-rate swaps of 4.8% against Euribor (the short-term interest rate for euro loans). Euribor at the time was 4.4%. Suppose that A arranges with a dealer to swap a 10 million five-year fixed- rate loan for an equivalent floating-rate loan in euros, answer the following: (Leave no cells blank - be certain to enter "O" wherever required.) 4.4 points a. Assume the swap is fairly priced. What is the value of this swap at the time that it is entered into? eBook Swap value Print b. Suppose that immediately after A has entered into the swap, the long-term interest rate rises by 1.4%. Who gains and who loses? O Dealer gains; A loses O Agains; Dealer loses c. What is now the value of the swap to A for each 1,000 of par value? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) Swap value 4.00 UT Phoenix Motors wants to lock in the cost of 10,000 ounces of platinum to be used in next quarter's production of catalytic converters. It buys three-month futures contracts for 10,000 ounces at a price of $1,230 per ounce. Suppose the spot price of platinum falls to $1,165 in three months' time, answer the following: 4.4 points a-1. Calculate the profit or loss on the futures contract. (Enter the amount as a positive value.) a-2. What is the total cost to Phoenix of buying the platinum? eBook Suppose the spot price of platinum increases to $1,435 after three months, answer the following: Print b-1. Calculate the profit or loss on the futures contract. (Enter the amount as a positive value.) b-2. What is the total cost to Phoenix of buying the platinum? | a-1. $ 6 a-2 Total cost $ 7 b-1. $ 8 16-2. Total cost $ 9

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