Valuing FRA's question, material, something

jcole21

I see that the calculation for valuing FRA's is in the OPTIONAL segment of chapter 41. I just had a qbank question which asked for the formula which kind of surprised me. Does anyone think this is something worth remembering or prime punting material?

nannan66

HAHAHA - nice

For derivatives, I am banking on a futures questions (how many contracts to buy/sell or synthetic cash), an options (valuing bull spread, collar, etc) question and a floating/fixed duration question

lcw77

it isnt an LOS so I am not worrying about it

cityboy

Ok. If anyone is in Chicago and hears "MCAP11!!!!!" you'll know that valuing FRA's was tested.