Unfortunately for you and your institution, the counterparty to the swap (the British aviation company) has just filed for bankruptcy with 10 months remaining on the swap agreement. Determine the value of the swap agreement (and ultimately the cost) to your institution at the time of the bankruptcy. You should assume that at the time of the bankruptcy the interest rate was 2.15% per annum in AUD and 1.72% per annum in GBP (with continuous compounding) for all maturities and the exchange rate was 1.7194 AUD for 1 GBP.