ACI
3I0-012 · Question #26
Which of the following is true?
The correct answer is C. The CME EURODOLLAR futures contract has a minimum price interval of one-quarter basis point. See the full explanation below for the reasoning.
Question
Which of the following is true?
Options
- AThe 3-month Sterling (SHORT STERLING) futures contract has a basis point value of GBP 25.00
- BThe EUROYEN TIBOR futures contract has a basis point value of JPY 25,000 and a face value of
- CThe CME EURODOLLAR futures contract has a minimum price interval of one-quarter basis point
- DThe 3-month EURIBOR futures contract has a minimum price interval of half a basis point value (0.0050)
How the community answered
(33 responses)- A6% (2)
- B3% (1)
- C76% (25)
- D15% (5)
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