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Forward Rate Agreements, FRA, are designed to capture the maturity mismatch in standard-length Eurodeposits and Eurocredits. For instance, under a three against six FRA, the

Forward Rate Agreements, FRA, are designed to capture the maturity mismatch in standard-length Eurodeposits and Eurocredits. For instance, under a three against six FRA, the Eurobanks will enter the agreement for a ______ period beginning _____ months from today and ending _____ months from today.

	A.	three-month six six
	B.	three-month three six
	C.	six-month three six
	D.	six-month three three

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