Please Answer All

Will Rate!

ca E = 1 3 4 6 Times 15.9 + G- 2 5. 21. A forward rate agreement (FRA) is a forward contract in which the underlying is a. an option b. a bond c. a stock d. an interest rate 22. For a currency swap with $10 million notional amount, what is the notional amount in British pounds if the exchange rate is $1.552 a. 11.55 million b. 15.5 million c. 10 million d. 6.45 million 23. Each swap is characterized by an amount of money which is called a. per value b. deposit e. notional amount d. exercise price 24. An interest rate call option gives the holder the right to make an interest a. gives the holder the right to make an interest payment at a fixed rate and receive an interest payment at a fronting rate b. gives the holder the right to make an interest payment at a floating rate and receive an interest payment at a fixed rate c. gives the holder the right to make an interest payment at a fixed rate and receive an interest payment at another fixed rate d. gives the holder the right to make an interest payment at a floating rate and receive an interest payment at another floating rate