You enter into a $100 million notional of a one-year fixed-for-variable interest rate swap contract that makes quarterly payments. When you enter into this contract, the 90-day LIBOR rate was 3% and the 180-day LIBOR rate was 3.65%. In this contract, you are the fixed interest payer and the fixed rate is 5%. 60 days after you enter into this contract, you observe the LIBOR rates below. Based on these rates, what is the approximate value of this swap contract to you? Term LIBOR 30-day 3.13% 120-day 3.89% 210-day 4.15% 300-day 5.17%