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Today Is Monday, 8th December

Question 84

Multiple Choice

Today is Monday, 8th December. You sell a 9x12 FRA for value Thursday, 10th September next year. On what date is the settlement amount due to be paid or received (assuming that there are no holidays) ?


A) 8th September next year
B) 10th September next year
C) 8th December next year
D) 10th December next year

Correct Answer:

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