Given an FRA with the following terms Notional principal = $20 million Reference Rate = LIBOR Contract rate = Rx = 05 ( annual ) Time period = 90 days Day- count convention = Actual 365 1 1" Show in a table the payments and receipts for long and short positions on the FRA given wer possible spot LIBORS at the FRA's expiration of 4% , 4.59 , 5% , 5.5% , and 6%