Free 3I0-012 Exam Braindumps
3I0-012 ACI Dealing Certificate Questions 291–295 (page: 60)

Updated On: 9-Feb-2026

A USD deposit traded in London between two German banks is cleared:

  1. Wherever the parties agree
  2. In London
  3. In NewYork
  4. In Frankfurt

Answer(s): C



If the issuer of the collateral used in a repo defaults during the term of the transaction, who suffers the loss?

  1. Buyer
  2. Seller
  3. Issuer
  4. It depends on the agreement between the buyer and seller

Answer(s): B



What is the Purchase Price of a repo?

  1. The market value of bond collateral at the start of the repo at the clean price of the bond
  2. The market value of bond collateral at the start of the repo at the dirty price of the bond
  3. The amount of cash actually paid for collateral at the start of the repo
  4. The amount of cash actually paid for collateral at the start of the repo plus repo interest

Answer(s): C



A CD with a face value of USD 250,000,000.00 was issued at par with a coupon of 5% for 91 days.

You buy it in the secondary market when it has 30 days remaining to maturity and is trading at 5.25%. How much do you pay?

  1. USD 252,056,972.97
  2. USD 252,028,916.32
  3. USD 250,000,000.00
  4. USD 248,911,014.31

Answer(s): A



You quote spot EUR/USD at 1.3023-26 in 5 to another bank. He says, “Take 5, could do 8”.

How much are you obliged to do?

  1. Nothing, as he changed the terms of the deal
  2. EUR 5,000,000.00
  3. More than EUR 5,000,000.00, but a maximum of EUR 8,000,000.00
  4. EUR 8,000,000.00

Answer(s): B



Viewing page 60 of 149
Viewing questions 296 - 300 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!