单选题 Consider a $1 million 90-day forward rate agreement based on 60-day London Interbank Offered Rate (LIBOR) with a contract rate of 5 percent. If, at contract expiration, 60-day LIBOR is 6 percent, the short must pay:
【正确答案】 B
【答案解析】[ (0.06 -0.05) × (60/360) × 1000000] / [ 1 +0.06 × (60/360) ] = 1650.17.