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As we all know PVIP real test changes always.

NEW QUESTION: 1
You sold a JPY 500,000,000 1x12 FRA at 0.35%. The settlement rate is 11-month (334-day) JPY LIBOR, which is fixed at 0.4450%.
What is the settlement amount at maturity?
A. You pay JPY 438,882
B. You pay JPY 440,694
C. You receive JPY 438,882
D. You receive JPY 440,694
Answer: A

NEW QUESTION: 2

A. Option C
B. Option D
C. Option B
D. Option A
Answer: D

NEW QUESTION: 3



A. Option B
B. Option A
C. Option C
D. Option D
Answer: A