ACI
3I0-012 · Question #87
You have taken 3-month deposits of EUR 10,000,000.00 at 0.60%, EUR 5,000,000.00 at 0.40% and EUR 5,000,000.00 at 0.50%. What is the average rate of your long position?
The correct answer is A. 0.525%. See the full explanation below for the reasoning.
Question
You have taken 3-month deposits of EUR 10,000,000.00 at 0.60%, EUR 5,000,000.00 at 0.40% and EUR 5,000,000.00 at 0.50%. What is the average rate of your long position?
Options
- A0.525%
- B0.45%
- C0.75%
- D0.375%
How the community answered
(36 responses)- A78% (28)
- B6% (2)
- C3% (1)
- D14% (5)
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