March/June 2017 Q3 currency SWAP

Dear John,

I could not figure out how the currency SWAP calculated in the question.

In the question:
The swap would be fore initial fee paid for the franchise, with a swap of principal immediately and in three year’s time, both these swaps being at today’s spot rate.

My calculation:
Receipt of swap arrangement=7500×0.1430=1,073
Answer: 715+2500×0.1315=1,044

Both swaps being calculated based on today’s rate, why the answer is using the 3rd’s year’s ex rate?

thank you!
Lily