A Purchased 3X6 FRA Should Be Reported in a Gap

question 252

Multiple Choice

A purchased 3X6 FRA should be reported in a gap report as

• A) a given deposit with a term of six months
• B) a taken deposit with a term of three months
• C) a given deposit with a term of three months and a taken deposit with a term of six months
• D) a taken deposit with a term of three months and a given deposit with a term of six months

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