forward rate agreements

Assume that a bank can borrow or lend at the rates in Problem 4.5. What is the value of a Forward Rate Agreement, where the bank will pay 7.2% for a 3-month period starting in half a year on a principal of US$1, 000, 000? O A. A million US Dollars. O B. Eight Hundred Thousand US Dollars. O C. Six Hundred Thousand Dollars. O D. Four Hundred Thousand Dollars O E. Two Hundred Thousand Dollars O F. Zero. We know that one can enter a FonNard Rate Agreement at no cost