Multiple Choice
If an FRA dealer quotes '6Mv9M 7.25 to 20',this means that the dealer is prepared to:
A) lend three-month money at 7.05% per annum.
B) borrow three-month money at 7.05% per annum.
C) lend three-month money at 7.25% per annum.
D) borrow three-month money at 7.25% per annum.
Correct Answer:
Verified
Correct Answer:
Verified
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