ACI
3I0-012 · Question #436
From the following CAD rates: 1M (31-day) CAD deposit 0.95% 1x2 CAD (30-day) FRA 1.21% 2x3 CAD (31-day) FRA 2.01% Calculate the 3-month implied cash rate.
The correct answer is B. 1.39%. See the full explanation below for the reasoning.
Question
From the following CAD rates:
1M (31-day) CAD deposit 0.95% 1x2 CAD (30-day) FRA 1.21% 2x3 CAD (31-day) FRA 2.01% Calculate the 3-month implied cash rate.
Options
- A1.42%
- B1.39%
- C2.01%
- D4.21%
How the community answered
(62 responses)- A10% (6)
- B82% (51)
- C3% (2)
- D5% (3)
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