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elf_fu elf_fu
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6 years ago
A Forward Rate Agreement contains an agreed interest rate of 3.1% on a 6-month loan. If settled in arrears, what amount would the borrower pay or receive on an $800,000 loan if the prevailing 6-month interest rate is 3.6%?
A) $4,000 payment
B) $4,000 receipt
C) $1,729 payment
D) $1,729 receipt
Textbook 
Derivatives Markets

Derivatives Markets


Edition: 3rd
Author:
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phuongha2892phuongha2892
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Posts: 471
6 years ago
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elf_fu Author
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6 years ago
Heavy Heart Correct
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