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An FRA entered into some time ago states that a company will receive 6 . 2 % ( s . a . ) and pay

An FRA entered into some time ago states that a company will receive 6.2%(s.a.) and pay LIBOR on a principal of $75 million starting in 2 years. Forward LIBOR for the period between 2 and 2.5 years is 5.8%(s.a.). The 2.5 year (LIBOR) risk-free rate is 4.5% with continuous compounding.
Calculate the value of FRA.

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