Question
What payment (in dollars ) would be made , and by whom , to settle an FRA with the following conditions ? Nominal value $5,000,000
What payment (in dollars) would be made, and by whom, to settle an FRA with the following conditions? Nominal value $5,000,000 Term 90 days FRA rate 8% per annum Reference rate on the settlement date = 7% per annum
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Rich Dads Increase Your Financial IQ Get Smarter With Your Money
Authors: Robert T. Kiyosaki
1st Edition
1612680658, 978-1612680651
