Question: please provide step by step explanation about how to do this problem. Question 1 0 / 10 pts Calculate the value today in Great British

please provide step by step explanation about how to do this problem.please provide step by step explanation about how to do this problem.

Question 1 0 / 10 pts Calculate the value today in Great British Pounds to the party paying pounds of an 8- year old swap with 2 years remaining maturity. At initiation of the swap, spot exchange rates were So($/) = $1.16/, S.($/) = $1.45/, and Sol/) = 1.25/. The swap calls for exchanging interest only on 10m at 5.04 percent for 8.Om at 4 percent. SEMIANNUAL payments. The most recent payment was yesterday. Today's exchange rates are so($/) = $1.25/ and So($/) = $1.50/. The current AAA rates are is = 3.5%, i = 5.0%, and ie = 7.1% Select the answer closest to yours. Correct Answer 168,516.08 You Answered 202,219.30 -168,516.08 -202,219.30 615,219.80 Question 1 0 / 10 pts Calculate the value today in Great British Pounds to the party paying pounds of an 8- year old swap with 2 years remaining maturity. At initiation of the swap, spot exchange rates were So($/) = $1.16/, S.($/) = $1.45/, and Sol/) = 1.25/. The swap calls for exchanging interest only on 10m at 5.04 percent for 8.Om at 4 percent. SEMIANNUAL payments. The most recent payment was yesterday. Today's exchange rates are so($/) = $1.25/ and So($/) = $1.50/. The current AAA rates are is = 3.5%, i = 5.0%, and ie = 7.1% Select the answer closest to yours. Correct Answer 168,516.08 You Answered 202,219.30 -168,516.08 -202,219.30 615,219.80

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