Please help question 36-38

Swaps. Questions 36-38. You enter into a seven-year interest rate swap, annually receiving (REF 1.23%) on $20 million lnotional] principal. REF is a reference rate associated with one-year loans; the REF rate used for each annual period is that prevailing at year start. Suppose the reference rate REF takes the value 0.71% in 12 months. 0.56% in 24 months, and 2.24% in 36 months. (Note: interest rates are compounded annually.) What is your cash ow {in dollars. including the sign] from the swap. in 24 months? Question 37 3 pt You enter into a seven-year interest rate swap, annually receiving (REF 1.23%) on $20 million {notional} principal. REF is a reference rate associated with one-year loans; the REF rate used for each annual period is that prevailing at year start. Six-years-and-a-day after the swap begins, all interest rates (including the relevant REF rate) are 0.88%. (Note: interest rates are compounded annually.) What is the swap value at that time (in dollars, including the sign)? Question 38 3 You enter into a seven-year interest rate swap, annually receiving (REF 1.23%) on $20 million (notional) principal. REF is a reference rate associated with one-year loans; the REF rate used for each annual period is that prevailing at year start. Six-and-one- half yea rs (that is, 6.5 years) after the swap begins, all interest rates (including the relevant REF rate) are 0.56%. (Note: interest rates are compounded annually.) What is the swap value at that time (in dollars, including the sign)