Use the DerivaGem software to value a European swaption that gives you the right in two years to enter into a 5-year swap in which you pay a fixed rate of 6% and receive floating. Cash flows are exchanged semiannually on the swap. The continuously compounded 1-year, 2-year, 5-year, and 10-year LIBOR/swap rates (which are also used for discounting) are 5%, 6%, 6.5%, and 7%, respectively. Assume a principal of $100 and a volatility of 15% per annum. Give an example of how the swaption might be used by a corporation. What bond option is equivalent to the swaption?