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The value of a Forward Rate Agreement in which you can invest $1,000,000 for 4...

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The value of a Forward Rate Agreement in which you can invest $1,000,000 for 4 years at a 9% interest rate (annual, simple, i.e., not compounded, rate) 3 years from now is $30,000. The forward rate between year 3 and year 7 is equal to 7.5% (annual, simple, i.e., not compounded, rate). Find annual continuously compounded 7-year spot rate. 3.64% 04.11% 4.59% 9.43% 9.90% 10.39% The value of a Forward Rate Agreement in which you can invest $1,000,000 for 4 years at a 9% interest rate (annual, simple, i.e., not compounded, rate) 3 years from now is $30,000. The forward rate between year 3 and year 7 is equal to 7.5% (annual, simple, i.e., not compounded, rate). Find annual continuously compounded 7-year spot rate. 3.64% 04.11% 4.59% 9.43% 9.90% 10.39%

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