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The zero coupon curves above were published by Bestina Financial six - months ago and today. The reported rates were derived using semiannual compounding. Suppose
The zero coupon curves above were published by Bestina Financial sixmonths ago and today.
The reported rates were derived using semiannual compounding. Suppose that you entered the
Forward Rate Agreement six months ago to lend $ for six months starting in two years.
Find the current value today of your FRA that you entered six months ago.
Answer: Enter your answer as a positive or negative numeric value rounded to decimal
places.
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