ACI
3I0-012 · Question #320
3I0-012 Question #320: Real Exam Question with Answer & Explanation
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Question
Principals who enter into an interest rate swap with the intention of shortly afterwards assigning or transferring the swap to a third party:
Options
- Ashould never reveal their future dealing intentions to their counterparties
- Bshould make clear their intention to do so when initially negotiating the deal
- Cshould agree upon the method of assignment before transacting
- Dshould only reveal any such intentions after the confirmations have been exchanged
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