ACI
3I0-012 · Question #453
3I0-012 Question #453: Real Exam Question with Answer & Explanation
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Question
Today, you sell GBP 5,000,000.00 to a customer against JPY for spot value. Tomorrow, the customer defaults. What is your exposure called?
Options
- AReplacement risk
- BSettlement risk
- CLegal risk
- DBasis risk
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