Future 12 moath L.IBOR 6 months from now 480% Current 12 meath LIBOR 6 months from now 5.05% You have to borrow 510,000 in 6 month's time for a duration of 12 months. Shew that whether you use the FRA (Forward Rate Agreement) or the Future Contract, you will coane up with the same protection. Show all norkings. (10 marks) Future 12 moath L.IBOR 6 months from now 480% Current 12 meath LIBOR 6 months from now 5.05% You have to borrow 510,000 in 6 month's time for a duration of 12 months. Shew that whether you use the FRA (Forward Rate Agreement) or the Future Contract, you will coane up with the same protection. Show all norkings. (10 marks)