Which of the following statements is CORRECT?

Select one:

a.

Relative inflation rates are the most important factor that influences exchange rate movements.

b.

The FRA agreed rate would be applied at the end of the FRA contract.

c.

Companies that have both bank loans and market loans may be implementing an interest rate risk management strategy of liability diversification.

d.

All of the given statements are incorrect.

e.

All of the given statements are correct.