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QUESTION 13 You have entered into the 6 x 9 FRA of question 14 at the rate of 6%. After three months, the FRA is

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QUESTION 13 You have entered into the 6 x 9 FRA of question 14 at the rate of 6%. After three months, the FRA is now 3 x 6 FRA. If the three-month Libor rate is 5%, and the six-month Libor rate is 7%, what is the current value of the FRA? Assume that the number of days in the first three months is 92. Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All An O N W P 6 hp

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