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Can you explain to me this specific question A portfolio of long floating rate agreements (FRAs) can be used to replicate A. The floating rate

Can you explain to me this specific question

A portfolio of long floating rate agreements (FRAs) can be used to replicate

A. The floating rate payer's half of a plain vanilla swap

or the fixed rate payer's half of a plain vanilla swap.

If it is neither, can you explain why as well?

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