Question
A forward contract to exchange cash flows based on the level of a specific interestrate index is called a(n) 1) forward rate agreement (FRA). 2)
A forward contract to exchange cash flows based on the level of a specific interestrate index is called a(n)
1) forward rate agreement (FRA). 2) interest rate forward.3) futures contract.4 ) forward option.
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Gordon Roberts, Hamdi Driss
8th Canadian Edition
01259270114, 9781259270116
