ACI
3I0-013 · Question #55
Your FX swap dealer sold and bought 2 months USD/CHF 10,000,000.00; rates were set to 0.9300 against 0.9285. What payment is your bank expecting in two months from now?
The correct answer is D. USD 10,000,000.00. See the full explanation below for the reasoning.
Question
Your FX swap dealer sold and bought 2 months USD/CHF 10,000,000.00; rates were set to 0.9300 against 0.9285. What payment is your bank expecting in two months from now?
Options
- ACHF 9,300,000.00
- BCHF 10,770,059.24
- CCHF 9,285,000.00
- DUSD 10,000,000.00
How the community answered
(19 responses)- A5% (1)
- B16% (3)
- C5% (1)
- D74% (14)
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