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Online 3I0-012 Questions Video

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Total 740 questions
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ACI Dealing Certificate Questions and Answers

Question 49

Half an hour ago you were made a price in USD/CAD of 1.5250-55 and sold USD 10 million. The price is now 1.5232-37 and you square your position. What is your profit or loss?

Options:

A.

+CAD 23,000

B.

+CAD 13,000

C.

+CAD 16,000

D.

-CAD 13,000

Question 50

If spot AUD/USD is quoted to you as 0.7406-09. How many AUD would you receive in exchange for USD 5,000,000 if you dealt on the price?

Options:

A.

3,704,500

B.

6,748,549

C.

3,703,000

D.

6,751,283

Question 51

If a 6-month AUD/NZD swap is quoted 173/165, which of the following statements would you consider to be correct?

Options:

A.

6-month AUD rates are higher than 6-month NZD rates

B.

6-month AUD rates are lower than 6-month NZD rates

C.

Spot AUD/NZD will be higher by approximately 170 points in 6 months

D.

The AUD yield curve is positive, whilst the NZD curve is negative

Question 52

What is the ISO code for the currency of Hungary?

Options:

A.

HUG

B.

HKD

C.

HRN

D.

HUF

Page: 13 / 28
Total 740 questions
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