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If a Borrower Has Entered into a FRA and Its

Question 66

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:

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