Pass4Test est un bon site qui provide la façon efficace à se former à court terme pour réussir le test ACI 3I0-012, c'est un certificat qui peut améliorer le niveau de vie. Les gens avec le Certificat gagent beaucoup plus que les gens sans Certificat ACI 3I0-012. Vous aurez une space plus grande à se développer.
Le Pass4Test est un site qui peut offrir les facilités aux candidats et aider les candidats à réaliser leurs rêve. Si vous êtes souci de votre test Certification, Pass4Test peut vous rendre heureux. La haute précision et la grande couverture de la Q&A de Pass4Test vous aidera pendant la préparation de test. Vous n'aurez aucune raison de regretter parce que Pass4Test réalisera votre rêve.
Beaucoup de travailleurs espèrent obtenir quelques Certificat IT pour avoir une plus grande space de s'améliorer. Certains certificats peut vous aider à réaliser ce rêve. Le test ACI 3I0-012 est un certificat comme ça. Mais il est difficile à réussir. Il y a plusieurs façons pour se préparer, vous pouvez dépenser plein de temps et d'effort, ou vous pouvez choisir une bonne formation en Internet. Pass4Test est un bon fournisseur de l'outil formation de vous aider à atteindre votre but. Selons vos connaissances à propos de Pass4Test, vous allez faire un bon choix de votre formation.
Pass4Test a une équipe se composant des experts qui font la recherche particulièrement des exercices et des Q&As pour le test certification ACI 3I0-012, d'ailleurs ils peuvent vous proposer à propos de choisir l'outil de se former en ligne. Si vous avez envie d'acheter une Q&A de Pass4Test, Pass4Test vous offrira de matériaux plus détailés et plus nouveaux pour vous aider à approcher au maximum le test réel. Assurez-vous de choisir le Pass4Test, vous réussirez 100% le test ACI 3I0-012.
Le test de Certification ACI 3I0-012 devient de plus en plus chaud dans l'Industrie IT. En fait, ce test demande beaucoup de travaux pour passer. Généralement, les gens doivent travailler très dur pour réussir.
Le test ACI 3I0-012 est très important dans l'Industrie IT, tous les professionnels le connaîssent ce fait. D'ailleur, c'est difficile à réussir ce test, toutefois le test ACI 3I0-012 est une bonne façon à examiner les connaissances professionnelles. Un gens avec le Certificat ACI 3I0-012 sera apprécié par beaucoup d'entreprises. Pass4Test est un fournisseur très important parce que beaucoup de candidats qui ont déjà réussi le test preuvent que le produit de Pass4Test est effectif. Vous pouvez réussir 100% le test ACI 3I0-012 avec l'aide de Pass4Test.
Code d'Examen: 3I0-012
Nom d'Examen: ACI (ACI Dealing Certificate)
Questions et réponses: 740 Q&As
Beaucoup de gens trouvent difficile à passer le test ACI 3I0-012, c'est juste parce que ils n'ont pas bien choisi une bonne Q&A. Vous penserez que le test ACI 3I0-012 n'est pas du tout autant dur que l'imaginer. Le produit de Pass4Test non seulement comprend les Q&As qui sont impressionnées par sa grande couverture des Questions, mais aussi le service en ligne et le service après vendre.
3I0-012 Démo gratuit à télécharger: http://www.pass4test.fr/3I0-012.html
NO.1 You have quoted spot USD/CHF at 0.9423-26. Your customer says "I take 5". What does he
mean?
A. He buys CHF 5,000,000.00 at 0.9423
B. He buys CHF 5,000,000.00 at 0.9426
C. He buys USD 5,000,000.00 at 0.9423
D. He buys USD 5,000,000.00 at 0.9426
Answer: D
ACI 3I0-012 examen 3I0-012 certification 3I0-012 3I0-012 certification 3I0-012
NO.2 The seller of a EUR/RUB NDF could be:
A. a potential buyer of EUR against RUB
B. speculating on an appreciation of the Russian Rouble
C. expecting rising EUR/RUB exchange rates
D. a seller of Russian Rouble
Answer: B
ACI certification 3I0-012 certification 3I0-012 3I0-012
NO.3 You have taken 3-month (92 days) deposits of CAD 12,000,000.00 at 1.10% and CAD
6,000,000.00 at 1.04%. Minutes later, you quote 3-month CAD 1.09-14% to another bank. The other
dealer takes the CAD 18,000,000.00 at your quoted price. What is your profit or loss on this deal?
A. CAD 2,722.19
B. CAD 460.00
C. CAD 3,220.00
D. CAD 2,760.00
Answer: D
ACI 3I0-012 certification 3I0-012
NO.4 Assuming a flat yield curve in both currencies, when quoting a 1- to 2-month forward FX time
option price in a currency pair trading at a discount to a customer:
A. you would take as bid rate the bid side of the 2-month forward and as offered rate the offered
side of the 1-month forward
B. you would take as bid rate the offered side of the 2-month forward and as offered rate the bid
side of the 1-month forward
C. you would take as bid rate the offered side of the 1-month forward and as offered rate the
offered side of the 2-month forward
D. you would take as bid rate the bid side of the 1-month forward and as offered rate the bid side of
the 2-month forward
Answer: A
ACI examen certification 3I0-012 certification 3I0-012
NO.5 Which of the following currencies is quoted on an ACT/ 360 basis in the money market?
A. SGD
B. PLN
C. GBP
D. NZD
Answer: D
certification ACI 3I0-012 certification 3I0-012
NO.6 In GBP/CHF, you are quoted the following prices by four different banks. You are a buyer of
CHF. Which is the best quote for you?
A. 1.4340
B. 1.4343
C. 1.4337
D. 1.4335
Answer: B
ACI 3I0-012 3I0-012 examen 3I0-012
NO.7 A bond is trading 50 basis points special for 1 week, while the 1-week GC repo rate is 3.25%. If
you held GBP 10,500,000.00 of this bond, what would be the cost of borrowing against it in the repo
market?
A. GBP 7,551.37
B. GBP 6,544.52
C. GBP 5,537.67
D. GBP 1,006.85
Answer: C
ACI 3I0-012 examen 3I0-012
NO.8 Which of the following is a Eurocurrency deposit?
A. A 3-month deposit of USD 10,000,000.00 offered by a US bank in New York
B. A 3-month deposit of USD 10,000,000.00 offered by the US branch of a UK bank in New York
C. A 3-month deposit of USD 10,000,000.00 offered by a US bank in London
D. A 3-month deposit of GBP 10,000,000.00 offered by the UK branch of a US bank in London
Answer: C
ACI 3I0-012 certification 3I0-012 3I0-012 examen 3I0-012
NO.9 What is the amount of the principal plus interest due at maturity on a 1-month (32-day)
deposit of USD 50,000,000.00 placed at 0.37%?
A. EUR 50,015,416.67
B. EUR 50,016,219.18
C. EUR 50,016,444.44
D. EUR 50,016,958.33
Answer: C
ACI 3I0-012 3I0-012 3I0-012 examen
NO.10 Which party usually takes an initial margin in a classic repo?
A. The buyer
B. The seller
C. Neither
D. Both
Answer: A
ACI examen 3I0-012 3I0-012
NO.11 Are the forward points significantly affected by changes in the spot rate?
A. Never
B. For very large movements and longer terms
C. Always
D. Spot is the principal influence
Answer: B
ACI 3I0-012 certification 3I0-012 3I0-012
NO.12 Voice-brokers in spot FX act as:
A. Proprietary traders
B. Market-makers
C. Matched principals
D. Agents
Answer: D
ACI 3I0-012 certification 3I0-012 3I0-012 examen
NO.13 Which of the following is not a negotiable instrument?
A. CD
B. FRA
C. BA
D. ECP
Answer: B
ACI certification 3I0-012 3I0-012
NO.14 What are the primary reasons for taking an initial margin in a classic repo?
A. Counterparty risk and operational risk
B. Counterparty risk and legal risk
C. Collateral illiquidity and counterparty risk
D. Collateral illiquidity and legal risk
Answer: C
ACI 3I0-012 examen 3I0-012 3I0-012
NO.15 From the following GBP deposit rates:
1. (30-day) GBP deposits 0.45% 2M (60-day) GBP deposits 0.50% 3M (91-day) GBP deposits 0.55%
NO.16 (123-day) GBP deposits 0.65% 5M (153-day) GBP deposits 0.70% 6M (184-day) GBP deposits
0.75%
Calculate the 3x4 forward-forward rate.
A. 0.60%
B. 0.949%
C. 1.074%
D. 0.933%
Answer: D
certification ACI 3I0-012 3I0-012 3I0-012
4. A 12-month EUR/USD swap is quoted at 41 / 44. EUR interest rates are expected to fall, with
USD interest rates remaining stable.
Assuming no change in the spot rate what effect would you expect on the forward points?
A. Unchanged
B. Move towards 28 / 31
C. Move towards 5 7 / 60
D. Insufficient information
Answer: C
ACI 3I0-012 3I0-012 3I0-012
NO.17 Clients of a voice-broker quote EUR/USD at 1.3556-61, 1.3559-62, 1.3557-63 and 1.3555-59.
What will be the broker's price?
A. 1.3559 choice
B. 1.3555-63
C. 1.3559-62
D. 1.3556-59
Answer: A
ACI examen 3I0-012 examen 3I0-012 3I0-012
NO.18 The tom/next GC repo rate for German government bonds is quoted to you at 1.75-80%. As
collateral, you sell EUR 10,000,000.00 nominal of the 5.25% Bund July 2012, which is worth EUR
11,260,000.00, with no initial margin. The Repurchase Price is:
A. EUR 10,000,500.00
B. EUR 10,000,486.11
C. EUR 11,260,563.00
D. EUR 11,260,547.36
Answer: C
certification ACI 3I0-012 examen certification 3I0-012 3I0-012 examen
NO.19 How many GBP would you have to invest at 0.55% to be repaid GBP 2,000,000.00 (principal
plus interest) in 90 days?
A. GBP 1,997,253.78
B. GBP 1,997,291.34
C. GBP 1,997,287.67
D. GBP 1,997,250.00
Answer: B
certification ACI 3I0-012 examen 3I0-012 3I0-012 examen 3I0-012
NO.20 A 7% CD was issued at par, which you now purchase at 6.75%. You would expect to pay:
A. The face value of the CD
B. More than the face value
C. Less than the face value
D. Too little information to decide
Answer: B
ACI 3I0-012 3I0-012
NO.21 What is EONIA?
A. Volume-weighted average overnight EUR deposit rate
B. Volume-weighted average overnight EUR LIBOR
C. Arithmetic average overnight EUR deposit rate
D. ECB overnight lending rate
Answer: A
ACI certification 3I0-012 certification 3I0-012 3I0-012 examen 3I0-012 examen
NO.22 A "time option" is an outright forward FX transaction where the customer:
A. has the option to fulfill the outright forward or not at maturity
B. may freely choose the maturity, given a 24-hour notice to the bank
C. can choose any maturity within a previously fixed period
D. may decide to deal at the regular maturity or on either the business day before or after
Answer: C
ACI 3I0-012 3I0-012 examen certification 3I0-012 certification 3I0-012
NO.23 The tom/next GC repo rate for German government bonds is quoted to you at 1.75-80%. As
collateral, you sell EUR 10,000,000.00 million nominal of the 5.25% Bund July 2012, which is worth
EUR 11,260,000.00. If you have to give an initial margin of 2%, the Repurchase Price is:
A. EUR 11,035,336.41
B. EUR 11,035,351.74
C. EUR 11,039,752.32
D. EUR 11,039,767.65
Answer: D
ACI 3I0-012 examen 3I0-012 certification 3I0-012
NO.24 If EUR/USD is quoted to you as 1.3050-53, does this price represent?
A. The number of EUR per USD
B. The number of USD per EUR
C. Depends on whether the price is being quoted in Europe or the US
D. Depends on whether the price is being quoted interbank or to a customer
Answer: B
ACI examen 3I0-012 3I0-012
NO.25 Today's spot value date is the 30th of June. What is the maturity date of a 2-month EUR
deposit deal today? Assume no bank holidays.
A. 27th August
B. 30th August
C. 31st August
D. 1 September
Answer: C
certification ACI 3I0-012 3I0-012 examen 3I0-012 certification 3I0-012 3I0-012
NO.26 What is the maximum maturity of an unsecured USCP?
A. One year
B. 270 days
C. 183 days
D. 5 years
Answer: B
certification ACI 3I0-012 3I0-012 certification 3I0-012 3I0-012
NO.27 A CD with a face value of EUR 10,000,000.00 and a coupon of 3% was issued at par for 182
days and is now trading at 3.10% with 120 days remaining to maturity. What has been the capital
gain or loss since issue?
A. -EUR 52,161.00
B. -t-EUR 47,839.00
C. -EUR 3,827.67
D. Nil
Answer: C
ACI 3I0-012 examen 3I0-012 3I0-012 3I0-012
NO.28 What happens when a coupon is paid on bond collateral during the term of a classic repo?
A. Nothing
B. A margin call is triggered on the seller
C. A manufactured payment is made to the seller
D. Equivalent value plus reinvestment income is deducted from the repurchase price
Answer: C
certification ACI 3I0-012 3I0-012 certification 3I0-012
NO.29 Which of the following CHF/JPY quotes that you have received is the best rate for you to buy
CHF?
A. 105.80
B. 105.75
C. 105.70
D. 105.85
Answer: C
ACI examen 3I0-012 examen 3I0-012 3I0-012 certification 3I0-012 3I0-012
NO.30 As far as fineness and weight are concerned, what are the London Bullion Market Association
(LBMA) requirements for a "good delivery bar"?
A. at least 995 /1000 pure gold; weight between 350 and 430 fine ounces
B. minimum 999.9/1000 pure gold; weight between 350 and 430 fine ounces
C. at least 995 /1000 pure gold; weight of 400 fine ounces
D. minimum 995 /1000 pure gold; weight of 400 fine ounces
Answer: A
ACI certification 3I0-012 3I0-012 examen certification 3I0-012 3I0-012
C'est un bon choix si vous prendre l'outil de formation de Pass4Test. Vous pouvez télécharger tout d'abord le démo gratuit pour prendre un essai. Vous aurez plus confiances sur Pass4Test après l'essai de notre démo. Si malheureusement, vous ne passe pas le test, votre argent sera tout rendu.
