Reading 37 Problem 4 (Commodity Swap net payments)

CFA Level III
#1

Where do the .070024 and .08007 interest rates in the answer come from? Many thanks.

#2

1.070024 = (1.065^2)/1.06 1.08007 = (1.07^3)/(1.065^2)

#3

Txs much. Dugh. Tired.

#4

I guess the problem didn’t change this year, thanks.