ACI
3I0-012 · Question #283
3I0-012 Question #283: Real Exam Question with Answer & Explanation
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Question
You quote spot EUR/USD at 1.3023-26 in 5 to another bank. He says, "Take 5, could do 8". How much are you obliged to do?
Options
- ANothing, as he changed the terms of the deal
- BEUR 5,000,000.00
- CMore than EUR 5,000,000.00, but a maximum of EUR 8,000,000.00
- DEUR 8,000,000.00
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