ACI
3I0-012 · Question #375
3I0-012 Question #375: Real Exam Question with Answer & Explanation
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Question
If I say that I have "bought and sold" EUR/USD in an FX swap, what have I done?
Options
- ABought EUR and sold USD spot, and sold EUR and bought USD forward
- BBought USD and sold EUR spot, and sold USD and bought EUR forward
- CSynthetically taken a USD loan in exchange for making a EUR loan with the same counterparty
- DSold EUR/USD spot and bought back EUR/USD forward
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