Assume that you purchase a $100 million 7.65% par value 5-year bond of a BBB-rated company and that you enter simultaneously into a 5-year interest-rate swap with your bank. You agree to make fixed,...

Assume that you purchase a $100 million 7.65% par value 5-year bond of a BBB-rated company and that you enter simultaneously into a 5-year interest-rate swap with your bank. You agree to make fixed, semiannual payments. If the swap rate is 7%, what is your benefit for entering the swap?