please solve for (c), the answer is 0.3020

structure for (annual effective) interest rates is as The term for corresponding maturities: 8-1 follows 5%, 2 year: 10%, 3 year: 15%, 4 year: 20% 1 ycar he swap rate for a 4-year interest rate swap of floating : 5%, Find the swap ra erest for fixed rate interest if the notional amount is level for the four year swap tenor. Suppose that the notional amount is $1,000,000 for the first ears and $2,000,000 for the third and fourth years. Find the swap rate. A two-year deferred swap with a tenor of two years is (c) arranged at the beginning of the first year. If the notional amount is level for the swap, determine the swap rate