$[$Chapter $31\mathrm{.}16]$ Explain whether you agree or disagree with the following statement: "Buyers of FRA

$[$Chapter $31\mathrm{.}12]$ Given the current $3-$month LIBOR and the Eurodollar futures prices shown in the table below, compute the forward rate and the forward discount factor for each period.

$\backslash$table$[[$Period$,$Days in Quarter,$3-$month LIBOR,$\backslash$table$[[$Current Eurodollar$],[$Futures Price$]]],[1,90,5\mathrm{.}90\%,],[2,91,,93\mathrm{.}90],[3,92,,93\mathrm{.}70],[4,92,,93\mathrm{.}45]]$benefit if interest rates decline."