ACI
3I0-012 · Question #561
A dealer does the following deals in EUR/USD: buys EUR 1 m at 11020 sells EUR 3 m at 1.1022 buys EUR 2 m at 1.1002 buys EUR 1.5 m at 1.1012 What position does the dealer now have?
The correct answer is A. Long EUR 1.5 m at 1.0984. See the full explanation below for the reasoning.
Question
A dealer does the following deals in EUR/USD:
buys EUR 1 m at 11020 sells EUR 3 m at 1.1022 buys EUR 2 m at 1.1002 buys EUR 1.5 m at 1.1012 What position does the dealer now have?
Options
- ALong EUR 1.5 m at 1.0984
- BShort EUP 1.5 m at 1.1036
- CLong EUR 1.5 m at 1.1012
- DShort EUR 3.0 mat 1.1025
How the community answered
(37 responses)- A78% (29)
- B8% (3)
- C3% (1)
- D11% (4)
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