单选题
An analyst does research about an forward rate agreement (FRA). FRA 3×12 means the maturity is: A. 3 month and is based on a 6-month underlying rate. B. 3 month and is based on a 9-month underlying rate. C. 9 month and is based on a 3-month underlying rate.
【正确答案】
B
【答案解析】[解析] FRA 3×12是指远期利率合约的期限是3个月，针对的是9个月(12个月-3个月)的贷款利率。