ACI
3I0-012 · Question #225
3I0-012 Question #225: Real Exam Question with Answer & Explanation
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Question
You have quoted your customer the following CAD deposit rates: 1M 1.00-05% 2M 1.06-11% 3M 1.13-18% The customer says, "I give you CAD 20,000,000.00 in the two's". What have you done?
Options
- ABorrowed CAD 20,000,000.00 at 1.06%
- BLent CAD 20,000,000.00 at 1.11%
- CBorrowed CAD 20,000,000.00 at 1.11%
- DLent CAD 20,000,000.00 at 1.06%
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