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ACI

3I0-012 · Question #303

A transaction that entails market price risks may be entered into in the absence of a market price risk limit...

The correct answer is D. ... is not permitted. See the full explanation below for the reasoning.

Question

A transaction that entails market price risks may be entered into in the absence of a market price risk limit...

Options

  • A...only at the discretion of the head of treasury.
  • B...only at the discretion of the head of trading.
  • C...as long a counterparty and issuer limit is in place.
  • D... is not permitted.

How the community answered

(35 responses)
  • A
    6% (2)
  • B
    14% (5)
  • C
    3% (1)
  • D
    77% (27)

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Full 3I0-012 Practice