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- 2012-8-7
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- 2015-11-3
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a question about LIBOR FRA
I don't quite understand why it is ``pay'' not ``receive'' here.....
Anyone knows why A is correct here?
Thanks very much!
Consider a $2 million FRA with a contract rate of 5% on 60-day LIBOR. If 60-day
LIBOR is 6% at settlement, the long will:
A. pay $3333
B. receive $3000
C. receive $3333
Correct: A |
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发表于 2013-5-13 16:22
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