Bank A has fixed for float Libor swap on its books that has a notional value of $100,000,000. The bank has agreed to pay a fixed rate of 6% annually (based on semi-annual compounding) and receive floating rate payments. The number of days to the next payment date and discount factors are shown in the table below. The swap is indexed to six-month Libor and the Libor rate at the last reset date was 6.5% annually (based on semiannual compounding). Interest payments are exchanged every six months. The next payment period for payments is December 11 of Year 1. What is the value of the Libor interest rate swap to Bank A?- Discount Factor 0.9840094 0.9577354 Payment Date December 11, Year 14 June 11, Year 2 December 11, Year 24 June 11, Year 34 December 11, Year 34 Days from Present Day 120 3024 4854 6674 850 0.9006834 0.871945