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    Exam 19: Future Contracts and Forward Rate Agreements
  5. Question
    If a FRA Covers Six-Month Interest Rates but Will Begin
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If a FRA Covers Six-Month Interest Rates but Will Begin

Question 10

Question 10

Multiple Choice

If a FRA covers six-month interest rates but will begin its cover in three months it will be written:


A) 6Mv9M.
B) 3Mv9M.
C) 3Mv6M.
D) 6Mv3M.

Correct Answer:

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