ACI
3I0-013 · Question #66
3I0-013 Question #66: Real Exam Question with Answer & Explanation
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Question
You bought a 6x9 EUR 8,000,000.00 FRA at 0.75%. Settlement is now due and 3 months (90 days) EURIBOR is 0.25%. What amount do you pay or receive?
Options
- APay EUR 10,000.00
- BReceive EUR 10,000.00
- CPay EUR9,993.75
- DReceive EUR 9,993.75
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