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ACI

3I0-012 · Question #248

An interest rate guarantee (IRG) is:

The correct answer is B. An option on an FRA. See the full explanation below for the reasoning.

Question

An interest rate guarantee (IRG) is:

Options

  • AAnFRA
  • BAn option on an FRA
  • CA collar
  • DAnIRS

How the community answered

(39 responses)
  • A
    3% (1)
  • B
    85% (33)
  • C
    5% (2)
  • D
    8% (3)

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