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Which of these is the MOST accurate statement about Forward Rate Agreements 'FRA'
a. Forward rate agreements are used to manage currency exchange risk
b. Forward rate agreements can be used by corporations planning to borrow in the future to protect against the negative effects of market interest rates going down.
c. Forward rate agreements can be used by banks planning to loan funds in the future to protect against the negative effects of market interest rates going down.
Why might management fees be a bigger factor in your investmentjdecision for bond funds than for stoc funds? Can your conclusion help explain why unmanaged unit investment t
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