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You decide the bank should enter into 4*8 FRA ,based on the appropriate BBSW (given the borrowing period implied by the FRA),with an agreed with rate...

You decide the bank should enter into 4*8 FRA ,based on the appropriate BBSW (given the borrowing period implied by the FRA),with an agreed with rate of 2.31%, and with a national principal of $1 million

If the enter into FRA on the date 2018/04/16 , on what date will settlement take place ?

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