单选题
编号：2685889
1. Which of the following statements regarding a LIBOR-based FRA is most accurate?
- A.The short will settle the contract by making a loan.
- B.FRAs can be based on interest rates for 30-,60-,or 90-day periods.
- C.If LIBOR increases unexpectedly over the contract term,the long will be required to make a cash payment at settlement.