How is a forward rate agreement different from a swap

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Reference no: EM133021080

How is a forward rate agreement (FRA) different from a SWAP? Name some distinct differences as well as pros and cons of the two.

Reference no: EM133021080

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How is a forward rate agreement different from a swap : How is a forward rate agreement (FRA) different from a SWAP? Name some distinct differences as well as pros and cons of the two.
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