How can a business firm that has borrowed on a floating-rate basis use a forward rate agreement

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How can a business firm that has borrowed on a floating-rate basis use a forward rate agreement to reduce interest rate risk?

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Multinational Business Finance

ISBN: 978-0132743464

13th edition

Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett

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Question Posted: Oct 13, 2015 06:21 AM

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How can a business firm that has borrowed on a floating-rate basis use a forward rate agreement

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A forward rate agreement FRA is an interbanktraded contract to buy or ...View the full answer

Multinational Business Finance

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