Question 28 (4 points) You enter into a two-year variable notional swap of equity returns for 6-month Libor with semi- annual payments on both legs. The initial swap notional is $100 million, the Libor rate at inception of the swap is 7.2%, and the realized raw equity returns during the first 6-month period is 6.3%. The first 6-month period has 183 days. The notional principal of the swap entering the second 6-month period is $103.15 million $103.20 million $106.3 million $103.66 million