Suppose a swap bank offers an interest rate swap bid$-$ask quote of: $4\mathrm{.}25\%-4\mathrm{.}50\%.$ This means

$q,$

the swap bank will pay a fixed$-$rate of $4\mathrm{.}50\%$ against receiving LIBOR.

the swap bank will pay a fixed$-$rate of $4\mathrm{.}25\%$ against receiving LIBOR.

at these quotes, the swap bank will make a loss of $25$ basis points.

Please use the following information to answer the next question:

$\backslash$table$[[\backslash$table$[[$A US firm's Accounts$],[$Receivables $($from UK$)$ due in $1],[$year is:$]],$GBP $5,000,000],[$Current Spot rate for GBP is:$,$$$2\mathrm{.}00$