ACI
3I0-012 · Question #175
3I0-012 Question #175: Real Exam Question with Answer & Explanation
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Question
An important reason for trading a futures contract rather than an FRA is:
Options
- AThe expense of settling an FRA
- BThe reduced counterparty risk on a futures exchange
- CThe reduced basis risk on futures
- DThe superior interest rate risk on FRAs
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