Question: A 6% 1*4 (30 days * 120 days) forward rate agreement with a 2,000,000 notional principal was initiated 10 days ago. What is the value

A 6% 1*4 (30 days * 120 days) forward rate agreement with a 2,000,000 notional principal was initiated 10 days ago. What is the value of this FRA today, if the current LIBOR 110 days is 6.15% & LIBOR 20 days is 6.05%.

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