Find the value of the Forward Rate agreement (FRA) that specifies that you will lend $1,000,000 at 7% (simple annual rate, never compounded) for 3 years 4 years from now (from year 4 to year 7) if the forward rate (simple annual rate, never compounded) from year 4 to year 7 is 6.7%, 3-year zero rate is 6.1% and 7-year zero rate is 6.4%.