ACI
3I0-012 · Question #547
3I0-012 Question #547: Real Exam Question with Answer & Explanation
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Question
What is an FX swap?
Options
- AAn exchange ot two streams of interest payments in different currencies and an exchange of the principal
- BA spot sale (purchase) and a forward purchase (sale) of two currencies agreed simultaneously between
- CAn exchange of currencies on a date beyond spot and at a price fixed today
- DNone of the above
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