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Forward Rate Agreement holder will receive SOFR and pay 5.6% (quarterly compounded) for a three-month period starting in one year on a principal of $1,000,000.

Forward Rate Agreement holder will receive SOFR and pay 5.6% (quarterly compounded) for a three-month period starting in one year on a principal of $1,000,000. The forward SOFR rate for that three-mon...

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