ACI
3I0-013 · Question #146
The yield of a 1 month FRN in EUR depends on
The correct answer is A. The level of short-term EUR interest rates. See the full explanation below for the reasoning.
Question
The yield of a 1 month FRN in EUR depends on
Options
- AThe level of short-term EUR interest rates
- BThe level of medium-term EUR interest rates
- CThe slope of EUR yield curve
- DThe level of long-term EUR interest rates
How the community answered
(23 responses)- A74% (17)
- B9% (2)
- C13% (3)
- D4% (1)
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