ACI
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)- A5% (2)
- B5% (2)
- C74% (28)
- D16% (6)
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