ACI 3I0-010 Exam Questions
3I0-010 ACI-Operations Certificate (Page 11 )

Updated On: 21-Feb-2026

A callable bond attributes a right to:

  1. the lead manager to acquire the entire issue
  2. the lead manager to acquire the entire issue and the issuer to redeem the note at specified dates
  3. the issuer to redeem agreed upon quantities of the note at specified dates
  4. the note holder to sell the notes at specified dates

Answer(s): C



What is a junk bond?

  1. an AAA-rated security in payment default
  2. a sub-investment grade instrument
  3. an OECD Government bond
  4. a bond typically paying lower yields than an investment grade instrument

Answer(s): B



A redemption premium for a bond is

  1. always paid in case of an early redemption
  2. paid, if stipulated in the prospectus, at an early redemption
  3. always paid at final maturity
  4. only paid if a bond is redeemed after its initially scheduled maturity

Answer(s): B



The yield of a 1 month FRN in EUR depends on

  1. the level of short-term EUR interest rates
  2. the level of medium-term EUR interest rates
  3. the slope of EUR yield curve
  4. the level of long-term EUR interest rates

Answer(s): A



When an over-the-counter broker executes an order for your bank, what information is required on the confirmation you are sent?

  1. the price of the security
  2. the price of the security; the role played by the broker
  3. the price of the security; the role played by the broker; and the commission, if any, that was charged
  4. The price of the security; the role played by the broker; the commission, if any, that was charged and the security that was bought or sold

Answer(s): D






Post your Comments and Discuss ACI 3I0-010 exam dumps with other Community members:

Join the 3I0-010 Discussion