Your question is Interest Rate Swap Evaluation. Take a moment with it on the right.
Talk me through your thinking if you like. When you're confident, submit your answer and I'll grade it like a real screen (7/10 or better passes).
After an explanation of interest rate swaps, calculate which side would be better off from an interest rate swap (client in litigation accused of profiting from it).
Asked in the R1 case stage.
The case provides swap terms, notional principal, fixed rate, floating-rate observations or forward assumptions, payment dates, discount rates, fees, and cash-flow records. State any missing inputs and assumptions explicitly.