Problem $7\mathrm{.}2.$A $$100$ million interest rate swap has a remaining life of $10$ months. Under the terms of theswap, six$-$month LIBOR is exchanged for $4\%$ per annum $($compounded semiannually$).$ Six$-$monthLIBOR forward rates for all maturities are $3\%($with semiannual compounding$).$ The six$-$monthLIBOR rate was $2\mathrm{.}4\%$ per annum two months ago. Risk$-$free rates for all maturities are $2\mathrm{.}7\%$with continuous compounding. What is the current value of the swap to the party payingfloating? What is its value to the party paying fixed?