ACI
3I0-013 · Question #118
3I0-013 Question #118: Real Exam Question with Answer & Explanation
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Question
A counterparty pays your bank USD 10,000,000.00 5 days late requiring you to pay overdraft charges of 8% p.a. What expenses would you claim from the counterparty in GBP at an exchange rate of 1.6000?
Options
- AGBP 6,944.44
- BGBP 7,944.44
- CGBP 17,777.77
- DGBP 6,849.32
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