ACI
3I0-012 · Question #534
3I0-012 Question #534: Real Exam Question with Answer & Explanation
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Question
What rate should be used if the settlement date in a foreign exchange transaction is no longer a "good" date?
Options
- AThe original rate of the transaction
- BThe original rate of the transaction adjusted by the relevant forward points
- CThe affected parties should agree to adjust the exchange rate according to the prevailing relevant
- DThe rate is open to negotiation by the two parties
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