ACI
3I0-013 · Question #67
What deals are usually associated with a collar?
The correct answer is B. A purchase of a floor and a sale of a cap or vice versa. See the full explanation below for the reasoning.
Question
What deals are usually associated with a collar?
Options
- AA purchase of a cap and a sale of a cap at higher reference rate
- BA purchase of a floor and a sale of a cap or vice versa
- CA purchase of a cap and a purchase of a floor
- DA purchase of a step-up cap and a sale of a step-down floor
How the community answered
(27 responses)- A7% (2)
- B78% (21)
- C4% (1)
- D11% (3)
Community Discussion
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