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Question 9 (4 points) A Forward Rate Agreement contains an agreed interest rate of 4.5% on a 6-month loan. If settled at the time of

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Question 9 (4 points) A Forward Rate Agreement contains an agreed interest rate of 4.5% on a 6-month loan. If settled at the time of borrowing, what amount would the borrower pay or receive on a $100,000 loan if the prevailing 6-month interest rate is 5.5%? $947.87 receipt $956.94 receipt $956.94 payment $947.87 payment

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