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Question 12 10 pts Suppose a firm enters into an FRA where they agree to pay RFRA = 3.75% APR with semi-annual compounding on a

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Question 12 10 pts Suppose a firm enters into an FRA where they agree to pay RFRA = 3.75% APR with semi-annual compounding on a notional amount of L=$8,000,000, for a 6-month loan starting 9-months from today (therefore T1 = 0.75, T2=1.25). What is the FRA payoff to this form if the 6-month spot rate 9-months from today turns out to be 3.64% APR with semi-annual compounding? Enter answer in dollars, rounded to the dollar. If negative, precede with the "-" symbol, as in "-55" Question 13 10 pts Google currently pays no dividends. What is the 9-month forward price of Google common stock if it is currently priced at $1,856 per share and the per annum continuously compounded risk-free rate is 3.11%? Enter answer in dollars and cents, rounded to the nearest cent

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