ACI
3I0-012 · Question #705
Click on the Exhibit Button to view the Formula Sheet. If you bought USD 2,000,000 against CHF at 1.1020, USD 3,000,000 at 1.1040 and USD 5,000,000 at 1.1032, what is the average rate of your…
The correct answer is D. 1.1032. See the full explanation below for the reasoning.
Question
Click on the Exhibit Button to view the Formula Sheet. If you bought USD 2,000,000 against CHF at 1.1020, USD 3,000,000 at 1.1040 and USD 5,000,000 at 1.1032, what is the average rate of your position?
Options
- A1.1030
- B1.1035
- C1.1028
- D1.1032
How the community answered
(47 responses)- A13% (6)
- B6% (3)
- C2% (1)
- D79% (37)
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