ACI
3I0-013 · Question #188
Today, the spot value for a USD deposit is Wednesday, 29 February. What is the 4 months maturity date? (Assume that there are no bank holidays)
The correct answer is B. Friday, 28 June. See the full explanation below for the reasoning.
Question
Today, the spot value for a USD deposit is Wednesday, 29 February. What is the 4 months maturity date? (Assume that there are no bank holidays)
Options
- AThursday, 27 June
- BFriday, 28 June
- CSaturday, 29 June
- DMonday, 1 July
How the community answered
(22 responses)- A5% (1)
- B77% (17)
- C5% (1)
- D14% (3)
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