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qwelly [4]
4 years ago
10

In an FRA, the buyer agrees to pay the seller

Business
1 answer:
guapka [62]4 years ago
8 0
C.

A Forward Rate Agreement (FRA) is an OTC rate derivative in which the buyer will pay or receive at maturity the difference between a fixed rate and a reference interest rate applied onto either a borrowing or lending (the notional is never exchanged), for a specific period of time.
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This statement is false.

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choli [55]
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bezimeni [28]

Answer:

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