A fund manager wishes to hedge a portion of his portfolio by using an equity swap. The payments will be semi-annual. Below is the term structure of LIBOR rate. (a) Complete the following table by filling in the zero-coupon price of a $1 bond. (Enter your answer with 4 decimals, such as 0.9987.) LIBOR Rate Zero-coupon Price L(180) 0.0265 L(360) 0.0335 L(540) 0.0345 L(720) 0.0355 (b) What should be the fair annualized fixed rate? (Enter your answer with the percentage sign, with 2 decimals, such as 4.89%.)