Multiple Choice
Today is Monday, 8th December. You sell a 9x12 USD 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) 8thDecembernextyear
D) December next year
Correct Answer:
Verified
Correct Answer:
Verified
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