DEFS Company issues 5% long term debt and engages with FEDS Company in an interest rate swap. In exchange for LIBOR, FEDS will pay 4.5% to DEFS. If the LIBOR is presently 3%, and DEFS CAPM is 6%, what...

DEFS Company issues 5% long term debt and engages with FEDS Company in an interest rate swap. In exchange for LIBOR, FEDS will pay 4.5% to DEFS.  If the LIBOR is presently 3%, and DEFS CAPM is 6%, what is DEFS net payment?

your answer should look like this  4.5

that is not the right answer