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3I0-012 · Question #24

3I0-012 Question #24: Real Exam Question with Answer & Explanation

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Question

You quote a customer spot AUD/USD at 1.0350-55. The T/N swap is quoted to you at 3/2. The customer asks to buy USD for value tomorrow. What rate should you quote him to break-even against the other rates?

Options

  • A1.0352
  • B1.0353
  • C1.0347
  • D1.0348

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