from today. The purpose of the FRA is to cover FRA for a three-month period beginning three months from today and ending six months Eurodollar loan and having accepted a six-month Eurodollar rate risk caused by the maturity mismatch from having made a three-month actually 92 days in the three-month FRA period. Assume that theposit. The agreement rate with the buyer is 5.50 percent. There are how much the FRA is worth and who pays who-the buyer poys the months from today the settlement rate is 4.875 percent. Determine calculations. Round your answer to 2 decimal ploces.)