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answer is a i need solution 4. A \\( 3 \\times 9...

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Finance

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4. A \\( 3 \\times 9 \\) FRA contract was set at a rate of \2.5 and settled against WIBOR \\( 6 \\mathrm{M} \\). Three months later the \\( 6 M \\) WIBOR rate was \2.75. The nominal value of the contract is PLN 5 million Please calculate the settlement amount (given below as absolute value) of the contract in \\( 30 / 360 \\) convention and indicate which counterparty will receive this amount. a) 6165.23 PLN and seller of FRA pays to the buyer. b) \\( 6165.23 P L N \\) and buyer of FRA pays to the seller. c) 12330.46 PLN and seller of FRA pays to the buyer. \\( 12330.46 P L N \\) and buyer of FRA pays to the seller

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