ACI
3I0-012 · Question #374
If you have created a `synthetic asset' by buying and selling a USD/CHF swap, what have you done?
The correct answer is C. Switched a CI-IF asset temporarily into USD without taking currency risk. See the full explanation below for the reasoning.
Question
If you have created a `synthetic asset' by buying and selling a USD/CHF swap, what have you done?
Options
- ACreated an exposure to the CHF
- BCreated an exposure to the USD
- CSwitched a CI-IF asset temporarily into USD without taking currency risk
- DSwitched a USD asset temporarily into CHF without taking currency risk
How the community answered
(34 responses)- A12% (4)
- B3% (1)
- C71% (24)
- D15% (5)
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