|
Title: A Forward Rate Agreement contains an agreed interest rate of 3.1% on a 6-month loan. If settled at ... Post by: elf_fu on Jul 6, 2017 A Forward Rate Agreement contains an agreed interest rate of 3.1% on a 6-month loan. If settled at the time of borrowing, what amount would the borrower pay or receive on a $500,000 loan if the prevailing 6-month interest rate is 2.9%?
A) $1,000 payment B) $1,000 receipt C) $972 payment D) $972 receipt Title: Re: A Forward Rate Agreement contains an agreed interest rate of 3.1% on a 6-month loan. If settled ... Post by: phuongha2892 on Jul 6, 2017 Content hidden
|