Consider a FRA where a company will receive a rate of 3%, measured with annual compounding, on principle of 100 million dollars between end of year 1 and the end of year 3 What is the value of this FRA to the lender? The following are the continuously compounded zero rates. A) $952.369.52 B) $1,000,000.00 C) $1.175, 396.04 D) None of the above Consider a FRA where a company will receive a rate of 3%, measured with annual compounding, on principle of 100 million dollars between end of year 1 and the end of year 3 What is the value of this FRA to the lender? The following are the continuously compounded zero rates. A) $952.369.52 B) $1,000,000.00 C) $1.175, 396.04 D) None of the above