ACI
3I0-012 · Question #290
You are quoted the following rates: Spot cable 1.5340-43 0/N cable swap 0.14/0.11 T/N cable swap 0.16/0.13 S/N cable swap 0.43/0.37 At what rate can you buy cable for value tomorrow?
The correct answer is B. 1.534316. See the full explanation below for the reasoning.
Question
You are quoted the following rates:
Spot cable 1.5340-43 0/N cable swap 0.14/0.11 T/N cable swap 0.16/0.13 S/N cable swap 0.43/0.37 At what rate can you buy cable for value tomorrow?
Options
- A1.534284
- B1.534316
- C1.534287
- D1.534313
How the community answered
(32 responses)- A3% (1)
- B81% (26)
- C9% (3)
- D6% (2)
Community Discussion
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