Today Is Monday, 8th December

question 84

Multiple Choice

Today is Monday, 8th December. You sell a 9x12 FRA for value Thursday, 10th September next year. On what date is the settlement amount due to be paid or received (assuming that there are no holidays) ?

• A) 8th September next year
• B) 10th September next year
• C) 8th December next year
• D) 10th December next year

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