Free 3I0-012 Exam braindumps download (3I0-012 exam dumps Free)

Which of the following statements is correct regarding duration?

Answer(s): D

Using reprising gap analysis, a bank’s balance sheet is considered liability-sensitive to market interest rate changes, if:

Answer(s): A

Which of the following statements about the Liquidity Coverage Ratio is correct?

The LCR is a measure to ensure that the reserve of high quality liquid assets is sufficient to cover short term demand for liquidity in a stress situation.
the ratio (cash outflow in a 30-day stress period divided by high quality liquid assets) has to be greater than 100%.
Covered bonds are class 1 assets.
Obligations issued by central banks or government agencies are class 2 assets.

Answer(s): A

Which one of the following statements about mark-to-model valuation is correct?

Mark-to-model valuation is used for exchange-traded positions to ensure correct pricing.
Asset managers are not allowed to use mark-to-model valuation.
Mark-to-model valuation is used for complex financial instruments; it is always accurate and in line with potential tradable prices.
Mark-to-model valuation refers to prices determined by financial models, rather than actual market prices.

Answer(s): D

A closed position in a particular foreign currency exists:

when the net spot position plus the forward position plus the delta equivalent of the foreign currency options book add up to zero
when the forward purchases of a foreign currency are equivalent to the equity position in that same currency
when the reverse repurchases of foreign currency are equal to the forward purchases of the functional currency
when the maturity structure of the assets in one currency is closely matched to the maturity structure of liabilities in another

Answer(s): A

Free 3I0-012 Exam Braindumps 3I0-012 ACI Dealing Certificate Questions 201–205 (page: 42)