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ACI

3I0-012 · Question #601

A 6-month SEK/NOK Swap is quoted 140/150. Spot is 0.9445. Which of the following statements is correct?

The correct answer is B. NOK interest rates are higher than SEK interest rates. See the full explanation below for the reasoning.

Question

A 6-month SEK/NOK Swap is quoted 140/150. Spot is 0.9445. Which of the following statements is correct?

Options

  • ASEK interest rates are higher than NOK interest rates
  • BNOK interest rates are higher than SEK interest rates
  • CNOK interest rates are higher than USD interest rates
  • DSEK interest rates and NOK interest rates are converging

How the community answered

(55 responses)
  • A
    5% (3)
  • B
    84% (46)
  • C
    2% (1)
  • D
    9% (5)

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