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)- A11% (6)
- B6% (3)
- C81% (43)
- D2% (1)
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