Question 4 3 pts On 15 December 2019 Castellers Group wishes to lock in the...
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Question 4 3 pts On 15 December 2019 Castellers Group wishes to lock in the interest rate on a prospective borrowing of $3 000 000 for a three-month period from 15 March 2020 to 15 June of the same year. An FRA dealer quotes 12.55% per annum. On 15 March the BBSW reference rate is 12.15% per annum. What is the settlement amount? $2843.40 paid by Castellers Group to the FRA dealer to $2844.79 paid by Castellers Group to the FRA dealer to $2844.79 paid by the FRA dealer to Castellers Group $2843.40 paid by the FRA dealer to Castellers Group
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