Question: Please complete for all 5 years. Your Held - To - Maturity investment portfolio contains $ 5 0 . 0 B in 5 YR US

Please complete for all 5 years.
Your Held-To-Maturity investment portfolio contains $50.0B in 5YR US Treasury Securities. The Treasuries were purchase on July 1,2019. They mature on July 1,2024. You are concerned that interest rates could significantly rise in the next 5 years and enter into an interest rate swap contract that meets the requirements for the short-cut method. Assume Interest payments are made on June 30 and December 31.
Use google search to determine your applicable interest rate for each period.
Required:
1. Complete interest swap workpaper using excel
2. Complete journal entries for each period assuming Fair Value Hedge

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