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Problem Solving 2. Please send your work step by step to the professor. Suppose thot zero interest rates with continuous compounding are as follows: Maturity

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Problem Solving 2. Please send your work step by step to the professor. Suppose thot zero interest rates with continuous compounding are as follows: Maturity (months) Rote per annum) 6 6 12 6.2 18 6.4 24 66 There is an FRA that enables the holder to earn 7.3% (with semiannual compounding for a 6-month period storting In. 1.5 years on principal of $1 million What is the value of the FRA? (please do not round during intermediate steps)

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