ACI
3I0-012 · Question #2
3I0-012 Question #2: Real Exam Question with Answer & Explanation
Sign in or unlock 3I0-012 to reveal the answer and full explanation for question #2. The question stem and answer options stay visible for context.
Question
You have taken 3-month (92 days) deposits of CAD 12,000,000.00 at 1.10% and CAD 6,000,000.00 at 1.04%. Minutes later, you quote 3-month CAD 1.09-14% to another bank. The other dealer takes the CAD 18,000,000.00 at your quoted price. What is your profit or loss on this deal?
Options
- ACAD 2,722.19
- BCAD 460.00
- CCAD 3,220.00
- DCAD 2,760.00
Unlock 3I0-012 to see the answer
You've previewed enough free 3I0-012 questions. Unlock 3I0-012 for full answers, explanations, the timed quiz mode, progress tracking, and the master PDF. Question stem and options stay visible so you can still see what's on the exam.