a A three-against-nine FRA has an agreement rate of 4.4 percent. You believe six-month LIBOR in three months will be 6.2 percent. You decide to take a speculative position in a FRA with a $1,000,000 notional value. There are 183 days in the FRA period. Determine what your expected profit will be if your forecast is correct about the six-month LIBOR rate. (keep two decimal places, e.g., "299.23" and assume that there are 360 days a year.) a A three-against-nine FRA has an agreement rate of 4.4 percent. You believe six-month LIBOR in three months will be 6.2 percent. You decide to take a speculative position in a FRA with a $1,000,000 notional value. There are 183 days in the FRA period. Determine what your expected profit will be if your forecast is correct about the six-month LIBOR rate. (keep two decimal places, e.g., "299.23" and assume that there are 360 days a year.)