ACI
3I0-012 · Question #587
3I0-012 Question #587: Real Exam Question with Answer & Explanation
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Question
If a dealer has any intention of assigning an interest rate swap to a third party soon after transacting that swap:
Options
- AThe dealer should not reveal his future dealing intentions to his counterparty.
- BThe dealer should make his intention to assign clear before transacting.
- CThe dealer should agree the method of assignment before transacting.
- DThe counterparty should specify whether or not assignment would be acceptable in negotiations.
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