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A bank sells a ??three against six? $3,000,000 FRA for athree-month period beginning three months from today and ending sixmonths from today. The purpose of

A bank sells a â??three against sixâ? $3,000,000 FRA for athree-month period beginning three months from today and ending sixmonths from today. The purpose of the FRA is to cover the interestrate 2 answers

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