Q-79.

As an asset manager, Sarah Peck wishes to reduce her exposure to fixed-income securities and increase her exposure to large-cap stocks. She enters into an equity swap with a dealer on the terms that she will pay the dealer a fixed rate of 5% and receive from him the return on the large-cap stock index. Assume that payments are made annually and that the notional principal is EUR 50 million. If the large-cap stock index had [incomplete question]