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Basic Question 6 of 6
A "3 x 6 FRA" indicates that the FRA expires in ______ months.
B. 6
C. 9
A. 3
B. 6
C. 9
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Learning Outcome Statements
explain how forward rates are determined for interest rate forward contracts and describe the uses of these forward rates
CFA® 2025 Level I Curriculum, Volume 5, Module 5.