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Find the value of a Forward Rate Agreement in which you can invest $1,000,000 for 3 years at a 7% rate (annual simple, i.e., not

Find the value of a Forward Rate Agreement in which you can invest $1,000,000 for 3 years at a 7% rate (annual simple, i.e., not compounded, rate) two years from now if the forward rate between year 2 and year 5 is equal to 5.5% (annual simple, i.e., not compounded, rate), and zero rates (annual, continuously compounded) for 3 and 5 years are 5% and 6% respectively.

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