The payment amount under this FRA is:
A)$2,510
B)$2,526
C)$25,555
D)$100,000

Name: The payment amount under this FRA is: A)$2,510 B)$2,526 C)$25,555 D)$100,000
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The payment amount under a Forward Rate Agreement (FRA) is calculated based on the difference between the agreed rate and the market rate, applied to the notional principal amount. The given options suggest that $2,510 is the correct calculated payment amount.

The Payment Amount Under This FRA Is