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

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Problem Solving 2 Please send your work step by step to the professor. Suppose that zero interest rates with continuous compounding are as follows: Moturity (months) Rate(% per annum) 6 6 12 6.2 18 6.4 24 6.6 There is an 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)

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