Question: kindly help answer this. i need time to solve and understand. deadline tonight 4.15. Assuming that SOFR rates are as in Problem 4.14, what is

kindly help answer this. i need time to solve and understand. deadline tonight
4.15. Assuming that SOFR rates are as in Problem 4.14, what is the value of an FRA where the holder will pay SOFR and receive 4.5% (quarterly compounded) for a three-month period starting in one year on a principal of $1,000,000
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