ACI
3I0-012 · Question #475
If 6-month EUR/AUD is quoted at 129/132, which of the following statements is correct?
The correct answer is B. AUD rates are higher than EUR rates in the 6-month. See the full explanation below for the reasoning.
Question
If 6-month EUR/AUD is quoted at 129/132, which of the following statements is correct?
Options
- AEUR rates are higher than AUD rates in the 6-month
- BAUD rates are higher than EUR rates in the 6-month
- CThere is a positive EUR yield curve
- DThere is not enough information to decide
How the community answered
(26 responses)- A4% (1)
- B69% (18)
- C8% (2)
- D19% (5)
Community Discussion
No community discussion yet for this question.