support@Free-Braindumps.com
Register Login
Cisco
CompTIA
ISC
EC-Council
EXIN
Fortinet
ITIL
Juniper
Microsoft
VMware
Avaya
SAP
Google
NVIDIA
Salesforce
Amazon
Palo Alto Networks
ISC2
CrowdStrike
Anthropic
All Vendors
  1. Home
  2. Exams
  3. ACI
  4. 3I0-012

Free 3I0-012 Exam Braindumps
3I0-012 ACI Dealing Certificate Questions 186–190 (page: 39)

Updated On: 9-Feb-2026
Page 39 of 149
PDF with 740 Questions

An interest rate swap (IRS) is:

  1. A contract to exchange one stream of interest payments for another
  2. A temporary exchange of one deposit for another of a longer maturity in the same currency
  3. A forward-forward contract
  4. A contract to exchange an interest rate stream in one currency for another one in a different currency

Answer(s): A



An important reason for trading a futures contract rather than an FRA is:

  1. The expense of settling an FRA
  2. The reduced counterparty risk on a futures exchange
  3. The reduced basis risk on futures
  4. The superior interest rate risk on FRAs

Answer(s): B



Selling a FRA has the same interest rate exposure as:

  1. Opening a positive gap
  2. Going over-borrowed
  3. Making a forward-forward loan
  4. Taking a forward-forward deposit

Answer(s): C



What is the purpose of an initial margin on a futures exchange?

  1. To cover losses incurred between variation margin payments
  2. To exclude retail investors
  3. To pay reserve requirements
  4. To cover fees due to the clearing house

Answer(s): A



What is the Overnight Index for USD?

  1. H-15 Index
  2. Prime Rate
  3. Overnight Fed funds
  4. Fed funds effective rate

Answer(s): D



  PDF
Viewing page 39 of 149
Viewing questions 191 - 195 out of 740 questions


Post your Comments and Discuss ACI 3I0-012 exam prep with other Community members:

AI Tutor AI Tutor 👋 I’m here to help!