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You entered into a swap 6-month ago that receives a fixed rate of 2.5% and pays LIBOR+0.25% semi-annually with a principal value of 100. There

You entered into a swap 6-month ago that receives a fixed rate of 2.5% and pays LIBOR+0.25% semi-annually with a principal value of 100. There are 3 payment periods remaining. Assume the risk-free rate is a constant 1.8% and the forward LIBOR rates for 6-months, 12-months and 18-months from now are 1.60%, 1.50%, and 1.45%, respectively. What is the value of the swap today for you?

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