ACI
3I0-013 · Question #54
Which interest rates are used to calculate the exchange rate of an outright transaction value tomorrow (over tom)?
The correct answer is D. The torn next interest rates of both currencies. See the full explanation below for the reasoning.
Question
Which interest rates are used to calculate the exchange rate of an outright transaction value tomorrow (over tom)?
Options
- AThe overnight interest rates of both currencies
- BThe spot next interest rates of both currencies
- CThe one week interest rates of both currencies
- DThe torn next interest rates of both currencies
How the community answered
(33 responses)- A15% (5)
- B6% (2)
- C6% (2)
- D73% (24)
Community Discussion
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