ACI
3I0-012 · Question #733
From the following GBP deposit rates: 1M (30-day) GBP deposits 0.45% 2M (60-day) GBP deposits 0.50% 3M (91-day) GBP deposits 0.55% 4M (123-day) GBP deposits 0.65% 5M (153-day) GBP deposits 0.70% 6M…
The correct answer is D. 0.933%. See the full explanation below for the reasoning.
Question
From the following GBP deposit rates:
1M (30-day) GBP deposits 0.45% 2M (60-day) GBP deposits 0.50% 3M (91-day) GBP deposits 0.55% 4M (123-day) GBP deposits 0.65% 5M (153-day) GBP deposits 0.70% 6M (184-day) GBP deposits 0.75% Calculate the 3x4 forward-forward rate.
Options
- A0.60%
- B0.949%
- C1.074%
- D0.933%
How the community answered
(39 responses)- A3% (1)
- B10% (4)
- C5% (2)
- D82% (32)
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