- CFA Exams
- CFA Level I Exam
- Topic 7. Derivatives
- Learning Module 31. Pricing and Valuation of Forward Commitments
- Subject 4. Interest Rate Forward and Futures Contracts
CFA Practice Question
If we want to value a "1 x 3 FRA," g could be any day between 0 and ______.
B. 30
C. 90
A. 3
B. 30
C. 90
Correct Answer: B
We want to determine the value of the FRA during its life, which is between 0 and 30 days.
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