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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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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
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.