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3I0-012 · Question #252

A purchased 3X6 FRA should be reported in a gap report as

The correct answer is C. a given deposit with a term of three months and a taken deposit with a term of six months. See the full explanation below for the reasoning.

Question

A purchased 3X6 FRA should be reported in a gap report as

Options

  • Aa given deposit with a term of six months
  • Ba taken deposit with a term of three months
  • Ca given deposit with a term of three months and a taken deposit with a term of six months
  • Da taken deposit with a term of three months and a given deposit with a term of six months

How the community answered

(38 responses)
  • A
    5% (2)
  • B
    5% (2)
  • C
    74% (28)
  • D
    16% (6)

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