nerdexam
ACI

3I0-013 · Question #296

The premium for a EUR/USD vanilla FX option is paid:

The correct answer is C. When the option transaction takes place, and it is repaid to the buyer when he exercises the. See the full explanation below for the reasoning.

Question

The premium for a EUR/USD vanilla FX option is paid:

Options

  • AWhen the option is exercised
  • BTwo business days after the trade
  • CWhen the option transaction takes place, and it is repaid to the buyer when he exercises the
  • DIn monthly installments until the option is exercised

How the community answered

(35 responses)
  • A
    3% (1)
  • B
    6% (2)
  • C
    80% (28)
  • D
    11% (4)

Community Discussion

No community discussion yet for this question.

Full 3I0-013 Practice