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ACI

3I0-012 · Question #82

Today's spot value date is Friday 27th February. What is normally the 1-month maturity date? Assume no bank holidays.

The correct answer is D. 31st March. See the full explanation below for the reasoning.

Question

Today's spot value date is Friday 27th February. What is normally the 1-month maturity date? Assume no bank holidays.

Options

  • A28th March
  • B29th March
  • C30th March
  • D31st March

How the community answered

(31 responses)
  • A
    3% (1)
  • B
    6% (2)
  • C
    10% (3)
  • D
    81% (25)

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