Question 4 1 pts A payer swaption is expiring. The underlying swap has a two year maturity. The settlement dates are one year and two years from the expiration date of the swaption. The present value factors no 0.0250 (one year) and 0.8651 (two years). The strike rate is 7 10 percent. What is the value of the swaption per $1 notional amount O 0.0000, since it is out-of-the-money O 1.0000 O 0.0077 O 0.0753 o none of the above