ACI
3I0-012 · Question #674
Making interest rate swap transactions subject to agreement on documentation:
The correct answer is C. Is considered bad practice. See the full explanation below for the reasoning.
Question
Making interest rate swap transactions subject to agreement on documentation:
Options
- AIs recommended where the complications of the transaction warrant the practice.
- BIs strictly forbidden.
- CIs considered bad practice.
- DMust have senior management approval.
How the community answered
(29 responses)- A7% (2)
- B3% (1)
- C86% (25)
- D3% (1)
Community Discussion
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