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3I0-012 · Question #609

3I0-012 Question #609: Real Exam Question with Answer & Explanation

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Question

Today is Monday, 8th December. You sell a 9x12 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
  • C8th December next year
  • D10th December next year

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