What is the amount of the principal plus interest due at maturity on a 1-month (32-day) deposit ofUSD 50,000,000.00 placed at 0.37%?
Answer(s): C
Which of the following currencies is quoted on an ACT/360 basis in the money market?
Answer(s): D
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.
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?
Answer(s): B
From the following GBP deposit rates: 1M (30-day) GBP deposits 0.45%2M (60-day) GBP deposits 0.50%3M (91-day) GBP deposits 0.55%4M (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.
Post your Comments and Discuss ACI 3I0-012 exam prep with other Community members: