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5. You sell a JPY 1 billion 3 against 6 FRA with an agreed rate of .75%. At the settlement date, 3-month euroyen deposits yield

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5. You sell a JPY 1 billion "3 against 6" FRA with an agreed rate of .75%. At the settlement date, 3-month euroyen deposits yield .42%. Assuming a period of 92 days, the buyer's payment to you will be closest to: A. JPY 831781 B. JPY 842,429 C. JPY 843,333 D. JPY 1,072,182

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