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- 2012-9-12
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Schweser question. C is correct - 2 strips of FRA
I can never understand the answer though.
enter into one FRA strip now. payment determined in 6 months and made in 12 months?
enter into the next FRA in 6 months, payment determined at 1 year and then made 1.5 years?
Where is the payment at 6 months though? the swap will pay in 6 months, but the FRA wont..??? |
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