Question: [ Chapter 3 1 . 1 4 ] An interest - rate swap had an original maturity of five - years. Today, the swap has

[Chapter 31.14] An interest-rate swap had an original maturity of five-years. Today, the swap has two years to maturity. The present value of the fixed-rate payments for the remainder of the term of the swap is $910,000. The present value of the floating-rate payments for the remainder of the swap is $710,000.Answer the below questions.* What is the value of this swap from the perspective of the fixed-rate payer?* What is the value of this swap from the perspective of the fixed-rate receiver?

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