Question: Is B correct? . 4. Eliza Doolittle entered a long, pay fixed 1x4 FRA at a price of 1.75%. The contract has a notional principal

Is B correct? . 4. Eliza Doolittle entered a long, pay fixed 1x4 FRA at a price of 1.75%. The contract has a notional principal of $100 million. One month later, the 90 day LIBOR rate is 1.5%. To set...

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