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 Imonths) Rate(% per annum) 6 6 12 6.2 18 6.4 24 6,6 There is on FRA that enables the holder to earn 7.3% (with semiannual compounding for a 6-month period starting in 15 years on a principal of $1 million What is the value of the FRA? (please do not round during intermediate steps) 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 Imonths) Rate(% per annum) 6 6 12 6.2 18 6.4 24 6,6 There is on FRA that enables the holder to earn 7.3% (with semiannual compounding for a 6-month period starting in 15 years on a principal of $1 million What is the value of the FRA? (please do not round during intermediate steps)