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Suppose the Treasurer of Unilever, UK buys a forward rate agreement ( FRA ) and receives a quotation of 5 . 0 0 % for

Suppose the Treasurer of Unilever, UK buys a forward rate agreement (FRA) and receives a quotation of 5.00% for a 2-6 forward rate agreement from Barclays Bank. What interest payments Unilever would have to make under the agreement
a.
Pay a 5.00% fixed interest rate starting in 2 months for four months
b.
Pay a 5.00% fixed interest rate starting in 6 months for two months
c.
Pay a 5.00% fixed interest rate starting in 2 months for six months
d.
Pay a 5.00% fixed interest rate starting in 2 months for eight months
e.
None of the above

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