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Basic Question 4 of 6
True or False? FRAs do not entail the actual lending of money.
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
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.