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SDF has a variable rate loan of $100 million on which it is paying interest of LIBOR + 2%. SDF entered into a swap with CV bank to convert this to a fixed rate 7% loan. CV bank charges an annual commission of 0.3% for making this arrangement. Calculate the net payment from SDF to CV bank at the end of the first year if LIBOR was 3% throughout the year. Give your answer in $ million, to one decimal place.