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Basic Question 0 of 7
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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Learning Outcome Statements
describe how fixed-income forwards and futures are priced, and calculate and interpret their no-arbitrage value;
CFA® 2026 Level II Curriculum, Volume 5, Module 31.