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Ninety days ago, LIBOR was 4.8%

Fixed Rate was 5% Semi-Annual swap - so payments are 0.025 and 1.025.

Current 90 5% --> 1/(1+0.05*90/360) = 0.98765 * 0.025 = 0.02469
Current 270 5.4% -> 1/(1+0.054*270/360)=0.96108 * 1.025 = 0.98510

Fixed side of swap is now worth = 0.02469 + 0.98510 = 1.00979

Floating side: 90 days ago was a 180 day LIBOR -> 1/(1+0.048*180/360) 0.97656
Now 90 days LIBOR = 0.98765 calculated above.
So Floating is worth 0.98765 * 1.024 = 1.01135

You are in a Pay Fixed, Receive Floating -> so -1.00979 + 1.01135 = 0.00156 per $ of investment.
You invested 10 Million => 15636
Ans B

CP