K-Roo Ltd. has obtained the following FRA quotes from its bank for a USD6.7 million, 7-month loan in 3 months time: FRA rate: 5% Reference rate: LIBOR It observes the following rates in the market: Current 3-month LIBOR: 6% Current 7-month LIBOR: 6.25% Current 10-month LIBOR: 6.5% 3-month LIBOR in 7 months time: 5.25% 7-month LIBOR in 3 months time: 6.25%. 10-month LIBOR in 3 months time: 8.75%, What is the cash settlement for this FRA contract? a. 0.047136 million O b. 0.020615 million O c. 0.047470 million d. 0.06665 million e. 0.009427 million