ACI 3I0-012 Dealing Certificate 3I0-012 Exam Questions in PDF

Free ACI 3I0-012 Dumps Questions (page: 10)

Lending for 3 months and borrowing for 6 months creates a 3x6 forward-forward deposit. The cost of that deposit is called:

  1. Implicit nominal rate
  2. Implied forward rate
  3. Funding rate
  4. Effective future rate

Answer(s): B



A corporate wishing to hedge the interest rate risk on its floating-rate borrowing would:

  1. Sell interest rate caps
  2. Sell futures
  3. Sell FRAs
  4. Buy futures

Answer(s): B



The market is quoting:

6-month (182-day) CAD 1.25%
12-month (366-day) CAD 1.55%

What is the 6x12 rate in CAD?

  1. 0.300%
  2. 0.946%
  3. 1.935%
  4. 1.835%

Answer(s): D



The seller of a put option has:

  1. Substantial opportunity for gain and limited risk of loss
  2. Substantial risk of loss and substantial opportunity for gain
  3. Limited risk of loss and limited opportunity for gain
  4. Substantial risk of loss and limited opportunity for gain

Answer(s): D



The exercise price in an option contract is:

  1. The price of the underlying instrument at the time of the transaction
  2. The price at which the transaction on the underlying instrument will be carried out if and when the option is exercised
  3. The price the buyer of the option pays to the seller when entering into the options contract
  4. The price at which the two counterparties can close-out their position

Answer(s): B



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12/12/2023 12:38:00 PM

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9eagles
4/7/2023 10:04:00 AM

on question 10 and so far 2 wrong answers as evident in the included reference link.

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