Question: How could you use a forward rate agreement to avoid interest rate. Risk on your investment in a 5-year British Government bond (gilt)? The bonds

How could you use a forward rate agreement to avoid interest rate. Risk on your investment in a 5-year British Government bond (gilt)? The bonds have a face/maturity value of £10,000.They pay interest every 6 months.

The bonds had a yield of 2.97%l year yesterday?

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