A
aci dealing certificate version: 7.0
740 Questions
Question No. 1
You bought a USD 4,000000 6x9 FRA at 6.75%. The settlement rate is 3-month (90-day) BBA
LIBOR, which is fixed at 5.50%. What is the settlement amount at maturity?Â
Choose the correct option from the given list.
01Â /Â 740