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Your company is considering to enter into a 10-yearinterest rate swap on a notional amount of USD 5 million. If the company wants to pay

Your company is considering to enter into a10-yearinterest rate swapon a notional amount ofUSD 5 million.If the company wants topay fixedand receive floating interest based on 6-month LIBOR on USD,what isthe semi-annual interest paymentdue by your company according to this swap agreement? Assume the table below provides the current interest rates for swaps.

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