ACI
3I0-012 · Question #499
You are quoted the following market rates: Spot AUD/USD 1.0380-85 0/N AUD/USD swap 2.42/2.35 TIN AUD/USD swap 0.82/0.79 S/N AUD/USD swap 0.80/0.77 Where can you buy AUD against USD for value tomorrow?
The correct answer is B. 1.038582. See the full explanation below for the reasoning.
Question
You are quoted the following market rates:
Spot AUD/USD 1.0380-85 0/N AUD/USD swap 2.42/2.35 TIN AUD/USD swap 0.82/0.79 S/N AUD/USD swap 0.80/0.77 Where can you buy AUD against USD for value tomorrow?
Options
- A1.038579
- B1.038582
- C1.038418
- D1.038421
How the community answered
(26 responses)- A8% (2)
- B85% (22)
- C4% (1)
- D4% (1)
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