ACI
3I0-013 · Question #130
Your dealer has sold USD 10,000,000.00 against JPY at a rate of 95.00. In settlement you would expect to:
The correct answer is A. Receive JPY 105,263.16. See the full explanation below for the reasoning.
Question
Your dealer has sold USD 10,000,000.00 against JPY at a rate of 95.00. In settlement you would expect to:
Options
- AReceive JPY 105,263.16
- BPay JPY 950,000,000
- CReceive JPY 950,000,000
- DPay JPY 105,263
How the community answered
(44 responses)- A70% (31)
- B18% (8)
- C5% (2)
- D7% (3)
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