nerdexam
ACI

3I0-012 · Question #379

The market is quoting: 1-month (31-day) NOK 1.75°k 3-month (91-day) NOK 2.05% What is the 1x3 rate in NOK?

The correct answer is B. 2.202%. See the full explanation below for the reasoning.

Question

The market is quoting:

1-month (31-day) NOK 1.75°k 3-month (91-day) NOK 2.05% What is the 1x3 rate in NOK?

Options

  • A4.261%
  • B2.202%
  • C1.900%
  • D1.592%

How the community answered

(20 responses)
  • A
    10% (2)
  • B
    85% (17)
  • C
    5% (1)

Community Discussion

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