A Forward Interest Rate Contract Is Called a

question 28

Multiple Choice

A forward interest rate contract is called a

• A) Forward contract
• B) Forward Rate Agreement
• C) Futures Rate Agreement
• D) None of the above

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Definitions:

Good Or Service

Any tangible product (good) or intangible offering (service) that can be sold or provided in a market to satisfy the demand of a customer.

Marginal Revenue

The additional income received from selling one more unit of a product or service.

Marginal Cost

The increase in total cost that arises from producing one additional unit of a good or service.

Output Level

The total quantity of goods and services produced in an economy over a specified period.