ACI
3I0-012 · Question #244
Today is Monday, 8th December. You sell a 9x12 USD FRA for value Thursday, 10th September next year. On what date is the settlement amount due to be paid or received (assuming that there are no…
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Question
Today is Monday, 8th December. You sell a 9x12 USD FRA for value Thursday, 10th September next year. On what date is the settlement amount due to be paid or received (assuming that there are no holidays)?
Options
- A8th September next year
- B10th September next year
- C8thDecembernextyear
- DDecember next year
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