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ACI

3I0-012 · Question #36

The market is quoting: 6-month (182-day) CAD 1.25% 12-month (366-day) CAD 1.55% What is the 6x12 rate in CAD?

The correct answer is D. 1.835%. See the full explanation below for the reasoning.

Question

The market is quoting:

6-month (182-day) CAD 1.25% 12-month (366-day) CAD 1.55% What is the 6x12 rate in CAD?

Options

  • A0.300%
  • B0.946%
  • C1.935%
  • D1.835%

How the community answered

(40 responses)
  • A
    5% (2)
  • B
    3% (1)
  • C
    8% (3)
  • D
    85% (34)

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