please do it in 25 minutes please urgently... I'll give you up thumb definitely

XYZ Corporation enters into a 6-year interest rate swap with a swap bank in which it agrees to pay the swap bank a fixed-rate of 9 percent annually on a notional amount of SFr10,000,000 and receive LIBOR - 1/2 percent. The initial value of swap is zero. As of the third reset date (i.e. midway through the 6 year agreement), calculate the value of the swap to XYZ immediately after the interest payments, assuming that the fixed-rate at which XYZ can borrow has increased to 10% and LIBOR rate is 11%. Assume the term structure is flat and there has been no change in credit spreads from the inception of the swap until the new pricing date. SFr 248,685 - SFr 248,685 - SFr 50,000 None of the other answers. SFr 50,000