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ACI

3I0-012 · Question #32

Which of the following is true?

The correct answer is C. The 3-month Sterling (SHORT STERLING) futures contract has a a basis point value of GBP 12.50. See the full explanation below for the reasoning.

Question

Which of the following is true?

Options

  • AThe 3-month EURODOLLAR futures contract has a basis point value of USD 50.00 and a face value
  • BThe 3-month EURIBOR futures contract has a a basis point value of EUR 12.50 and a face value of
  • CThe 3-month Sterling (SHORT STERLING) futures contract has a a basis point value of GBP 12.50
  • DThe 3-month Euro Swiss Franc (EUROSWISS) futures contract has a a basis point value of CHF 50.00

How the community answered

(53 responses)
  • A
    11% (6)
  • B
    6% (3)
  • C
    81% (43)
  • D
    2% (1)

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