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You signed a 15-year interest swap (principal USD 1,000,000) with annual payments to pay fixed USD and receive fixed EUR. The quotes are: USD 5.1%-5.15%

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You signed a 15-year interest swap (principal USD 1,000,000) with annual payments to pay fixed USD and receive fixed EUR. The quotes are: USD 5.1%-5.15% EUR 10%-10.05% The spot rate at the time of the was USD 1.00/ EUR. Two years later you want to unwind the swap. The USD interest rate is 4% and the EUR interest rate is also 4%. What is the value of the swap in USD if the spot rate is 1.21?(round to the nearest $)

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