Question: Given the following data: Year Spot Rates 1 2% 2 3% 3 4% 4 5% Determine the net swap payment that would occur at the

Given the following data: Year Spot Rates 1 2% 2 3%

Given the following data: Year Spot Rates 1 2% 2 3% 3 4% 4 5% Determine the net swap payment that would occur at the end of the first year for a notional 10000 variable-rate loan under an interest swap (from variable to fixed interest rate) with a four-year term and annual settlement periods. Select one: A. 299 B. 288 O C. 311 D. 323 E. 276

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