Multiple Choice
If a borrower has entered into a FRA and its interest cover is specified as 3Mv9M,this means:
A) nine-month interest rates beginning in three months.
B) six-month interest rates beginning in three-months.
C) nine-month interest rates beginning in six months.
D) six-month interest rates beginning in six months.
Correct Answer:
Verified
Correct Answer:
Verified
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