Consider a bank that has made a three month eurodollar loan of $ 2,000,000 against an offsetting six month Eurodollar deposit. To protect itself, the bank sold a $2000,000 three against six^FRA. Assume the agreement rate (AR) is 6% and the actual number of days in the three-month FRA period is 91. Also assume that the settlement rate (SR) is 1.75%. How much will the bank receive from the buyer of the FRA in three months as a cash settlement at the beginning of the 91- day FRA period?