Question: Exercise 2 please ( show working n make a table in excel ) please An industrial Company located in Brussels will need 1 , 0

Exercise 2 please (show working n make a table in excel) please
An industrial Company located in Brussels will need 1,000,000 EUR next year.
If they got the loan today, the interest rate the bank offers is 5% and the loan is to be paid back in only one payment after one year.
Since the finance manager of that company fears that next year (when the Co. will get the loan) the interest rate will rise, the Co. accepts a Forward Interest Rate Agreement for a 6%
Question 2a: In case that, at origin (next year), the interest rate rises to 5.6%, how much money will the company gain/loose with this FRA agreement?
Question 2b: In case that, at origin (next year), the interest rate rises up to 6.6%, how much money will the company gain/loose with this FRA agreement?

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