A Forward Rate Agreement (FRA)is a Contract Between Two Banks

A forward rate agreement (FRA) is a contract between two banks

A) that allows the Euro bank to hedge the interest rate risk in mismatched deposits and credits.
B) in which the buyer agrees to pay the seller the increased interest cost on a notional amount if interest rates fall below an agreed rate,and the seller agrees to pay the buyer the increased interest cost if interest rates increase above the agreed rate.
C) that is structured to capture the maturity mismatch in standard-length Euro deposits and credits.
D) all of the options