ACI
3I0-012 · Question #572
3I0-012 Question #572: Real Exam Question with Answer & Explanation
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Question
Click on the Exhibit Button to view the Formula Sheet. Bank A pays for EURO 5 m at 1.1592. Bank B offers EURO 10 m at 1.1597. Broker XYZ quotes to the market EURO /USD 1.1592/97. Bank C takes the offer at 97. The broker is obliged to reveal:
Options
- AThe name of Banks A and B.
- BThe name of Bank B only.
- CThe amount that was bid but not the name of Bank A.
- DNone of the above
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