You decide to enter into a 1-year fixed-for-floating swap agreement with quarterly payments (paying fixed and receiving floating) and $100 million notional. (a) What is the 1-year swap rate for a quarterly fixed-for-floating swap? (b) What is the value of the agreement at inception? (c) Calculate the value of the swap in one month (on Feb 1).

Kendra knight took part in a friendly game of touch football. she had played before and was familiar with football. michael jewett was on her team. in the course of play, michael bumped into kendra and knocked her to the ground. he stepped on her hand, causing injury to a little finger that later required its amputation. she sued michael for damages. he defended on the ground that she had assumed the risk. kendra claimed that assumption of risk could not be raised as a defense because the state legislature had adopted the standard of comparative negligence. what happens if contributory negligence applies? what happens if the defense of comparative negligence applies?