ACI
3I0-012 · Question #640
From the following GBP deposit rates: 1M (31-day) GBP deposits 3.15% 2M (61-day) GBP deposits 3.25% 3M (91-day) GBP deposits 3.41% 4M (120-day) GBP deposits 3.56% 5M (152-day) GBP deposits 3.73% 6M…
The correct answer is D. 3.997%. See the full explanation below for the reasoning.
Question
From the following GBP deposit rates:
1M (31-day) GBP deposits 3.15% 2M (61-day) GBP deposits 3.25% 3M (91-day) GBP deposits 3.41% 4M (120-day) GBP deposits 3.56% 5M (152-day) GBP deposits 3.73% 6M (182-day) GBP deposits 3.90% calculate the 3x4 forward-forward rate.
Options
- A3.410%
- B3.977%
- C3.996%
- D3.997%
How the community answered
(63 responses)- A3% (2)
- B5% (3)
- C8% (5)
- D84% (53)
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