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Which of the following statements about FRAs and futures is correct? A future has a lump sum payment, while FRAs are settled daily Both FRA
Which of the following statements about FRAs and futures is correct?
A future has a lump sum payment, while FRAs are settled daily
Both FRA and futures contracts are settled as lump sum payments
An FRA has a lump sum payment, while futures are settled daily
Both FRA and futures contracts are settled daily
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