Question 2 1 pts ABC Corp goes long a 12x24 FRA with a fixed rate of...

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Question 2 1 pts ABC Corp goes long a 12x24 FRA with a fixed rate of 4% and a notional principal of $100. The floating rate on the contract is 12-month LIBOR. In 12 months, the LIBOR rate is 2.5%. What will the settlement cash flow be on the FRA in 24 months? $4 $3 $1.50 O-$1.50 Question 2 1 pts ABC Corp goes long a 12x24 FRA with a fixed rate of 4% and a notional principal of $100. The floating rate on the contract is 12-month LIBOR. In 12 months, the LIBOR rate is 2.5%. What will the settlement cash flow be on the FRA in 24 months? $4 $3 $1.50 O-$1.50