________ the Over-The-Counter Equivalent of the Exchange-Traded ________ on Short-Term

Multiple Choice

________ the over-the-counter equivalent of the exchange-traded ________ on short-term rates. Typically, the short-term rate is ________.

A) A forward rate agreement; futures contracts; the T-bill rate.
B) A futures contracts; forward rate agreement; LIBOR.
C) A forward rate agreement; futures contracts; LIBOR.
D) A futures contracts; forward rate agreement; the T-bill rate.