Chartered Financial Analyst Level 2
Get started today
Ultimate access to all questions.
A trader enters into a 3 × 12 forward rate agreement (FRA). The price of the FRA at initiation (FRA₀) is the forward rate for a period of:
A trader enters into a 3 × 12 forward rate agreement (FRA). The price of the FRA at initiation (FRA₀) is the forward rate for a period of:
Exam-Like
A
270 days beginning at the contract initiation.
B
270 days beginning at the contract expiration.
C
360 days beginning at the contract expiration.
Comments
Loading comments...