When is the settlement amount of a FRA normally payable?

Question

Options

• AAt the beginning of the forward period
• BOn the trade date
• COn the maturity (final) date
• DAt any time before the contracts maturity date

• A
  84% (47)
• B
  9% (5)
• C
  5% (3)
• D
  2% (1)

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