1. Suppose Star and Moon agreed to the five-year, 3.75%/LIBORgeneric swap with a NP of $500 million described in Problem 2. However, suppose one year after agreeing to the swap, the Moon Company decides to close their swap when the fixed rate on new par value four-year swaps were at 4%. How much would a swap dealer have to pay or charged to assume Moon's existing floating-payer's position on the 3.75%/LIBOR generic swap with four years left to maturity and notional principal of $500 million? Assume the swaps make semi-annual net payments.