The term structure for annual effective interest rates is as follows for corresponding maturities: 1 year: 5%, 2 year: 10%, 3 year: 15%, 4 year: 20%

ONLY NEED PART B PLEASE. Answer is .2124 but do not know how.

b) Suppose the notional amount is $1,000,000 for the first two years and $2,000,000 for the third and fourth years. Find the swap rate.

(10 points) The term structure for annual effective) interest rates is as follows for correspond- ing maturities: 1 year: 5%, 2 year: 10%, 3 year: 15%, 4 year: 20% (a) (5 points) Find the swap rate for a 4-year interest rate swap of floating rate interest for fixed rate interest if the notional amount is level for the four year swap tenor. (b) (5 points) Suppose that the notional amount is $1,000,000 for the first two years and $2,000,000 for the third and fourth years. Find the swap rate. (10 points) The term structure for annual effective) interest rates is as follows for correspond- ing maturities: 1 year: 5%, 2 year: 10%, 3 year: 15%, 4 year: 20% (a) (5 points) Find the swap rate for a 4-year interest rate swap of floating rate interest for fixed rate interest if the notional amount is level for the four year swap tenor. (b) (5 points) Suppose that the notional amount is $1,000,000 for the first two years and $2,000,000 for the third and fourth years. Find the swap rate