ACI
3I0-013 · Question #137
3I0-013 Question #137: Real Exam Question with Answer & Explanation
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Question
Your dealer has sold a 3x6 AUD 10,000,000.00 FRA at 3.10%. On settlement day the 3- month (90- day) fixing is 3.00%. What would you do?
Options
- APay AUD 2,447.65
- BReceive AUD 2,500.00
- CPay AUD 2,481.39
- DReceive AUD 2,481.39
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