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You bought a USD 4,000000 6x9 FRA at 6.75%. The settlement rate is 3-month (90-day) BBA LIBOR, which is fixed at 5.50%. What is the settlement amount at maturity?

A.

You receive USD 12,330.46

B.

You pay USD 12,330.46

C.

You pay USD 12,163.81

D.

You receive USD 12,163.81

ACI 3I0-012 View All Questions

ACI 3I0-012 Summary

  • Vendor: ACI
  • Product: 3I0-012
  • Update on: Jan 2, 2026
  • Questions: 740
Price: $52.5  $149.99
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TESTED 02 Jan 2026