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The 3-month LIBOR interest rate is 1.48% per annum and the 6-month LIBOR interest rate is 4.19% per annum, both with continuous compounding. What is

The 3-month LIBOR interest rate is 1.48% per annum and the 6-month LIBOR interest rate is 4.19% per annum, both with continuous compounding. What is the marked-to-market value (in dollars) of a Forward Rate Agreement (FRA) that enables the holder to earn 6.5% (with quarterly compounding) for a three-month period starting in three months on a principal of $1,000?

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