3I0-012 questions and answers

DumpLeader's ACI 3I0-012 exam training materials provide the two most popular download formats. One is PDF, and other is software, it is easy to download. The IT professionals and industrious experts in DumpLeader make full use of their knowledge and experience to provide the best products for the candidates. We can help you to achieve your goals.

DumpLeader's senior team of experts has developed training materials for ACI 3I0-012 exam.Through DumpLeader's training and learning passing ACI certification 3I0-012 exam will be very simple. DumpLeader can 100% guarantee you pass your first time to participate in the ACI certification 3I0-012 exam successfully. And you will find that our practice questions will appear in your actual exam. When you choose our help, DumpLeader can not only give you the accurate and comprehensive examination materials, but also give you a year free update service.

DumpLeader is a very good website to provide a convenient service for the ACI certification 3I0-012 exam. DumpLeader's products can help people whose IT knowledge is not comprehensive pass the difficulty ACI certification 3I0-012 exam. If you add the ACI certification 3I0-012 exam product of DumpLeader to your cart, you will save a lot of time and effort. DumpLeader's product is developed by DumpLeader's experts' study of ACI certification 3I0-012 exam, and it is a high quality product.

If you attend ACI certification 3I0-012 exams, your choosing DumpLeader is to choose success! I wish you good luck.

Exam Code: 3I0-012
Exam Name: ACI (ACI Dealing Certificate)
One year free update, No help, Full refund!
Total Q&A: 740 Questions and Answers
Last Update: 2013-10-30

To help you prepare for 3I0-012 examination certification, we provide you with a sound knowledge and experience. The questions designed by DumpLeader can help you easily pass the exam. The DumpLeader ACI 3I0-012 practice including 3I0-012 exam questions and answers, 3I0-012 test, 3I0-012 books, 3I0-012 study guide.

In order to help you more DumpLeader the ACI 3I0-012 exam eliminate tension of the candidates on the Internet. 3I0-012 study materials including the official ACI 3I0-012 certification training courses, ACI 3I0-012 self-paced training guide, 3I0-012 exam DumpLeader and practice, 3I0-012 online exam 3I0-012 study guide. 3I0-012 simulation training package designed by DumpLeader can help you effortlessly pass the exam. Do not spend too much time and money, as long as you have DumpLeader learning materials you will easily pass the exam.

3I0-012 Free Demo Download: http://www.dumpleader.com/3I0-012_exam.html

NO.1 From the following GBP deposit rates:
1. (30-day) GBP deposits 0.45% 2M (60-day) GBP deposits 0.50% 3M (91-day) GBP deposits 0.55%

NO.2 You have taken 3-month (92 days) deposits of CAD 12,000,000.00 at 1.10% and CAD
6,000,000.00 at 1.04%. Minutes later, you quote 3-month CAD 1.09-14% to another bank. The other
dealer takes the CAD 18,000,000.00 at your quoted price. What is your profit or loss on this deal?
A. CAD 2,722.19
B. CAD 460.00
C. CAD 3,220.00
D. CAD 2,760.00
Answer: D

ACI exam simulations   3I0-012   3I0-012 study guide   3I0-012   3I0-012

NO.3 A 7% CD was issued at par, which you now purchase at 6.75%. You would expect to pay:
A. The face value of the CD
B. More than the face value
C. Less than the face value
D. Too little information to decide
Answer: B

ACI   3I0-012   3I0-012   3I0-012 braindump   3I0-012 exam

NO.4 Assuming a flat yield curve in both currencies, when quoting a 1- to 2-month forward FX time
option price in a currency pair trading at a discount to a customer:
A. you would take as bid rate the bid side of the 2-month forward and as offered rate the offered
side of the 1-month forward
B. you would take as bid rate the offered side of the 2-month forward and as offered rate the bid
side of the 1-month forward
C. you would take as bid rate the offered side of the 1-month forward and as offered rate the
offered side of the 2-month forward
D. you would take as bid rate the bid side of the 1-month forward and as offered rate the bid side of
the 2-month forward
Answer: A

ACI certification training   3I0-012 original questions   3I0-012   3I0-012 certification   3I0-012 original questions

NO.5 A bond is trading 50 basis points special for 1 week, while the 1-week GC repo rate is 3.25%. If
you held GBP 10,500,000.00 of this bond, what would be the cost of borrowing against it in the repo
market?
A. GBP 7,551.37
B. GBP 6,544.52
C. GBP 5,537.67
D. GBP 1,006.85
Answer: C

ACI exam   3I0-012 dumps   Braindumps 3I0-012   3I0-012

NO.6 What is EONIA?
A. Volume-weighted average overnight EUR deposit rate
B. Volume-weighted average overnight EUR LIBOR
C. Arithmetic average overnight EUR deposit rate
D. ECB overnight lending rate
Answer: A

ACI braindump   3I0-012   3I0-012   3I0-012

NO.7 If EUR/USD is quoted to you as 1.3050-53, does this price represent?
A. The number of EUR per USD
B. The number of USD per EUR
C. Depends on whether the price is being quoted in Europe or the US
D. Depends on whether the price is being quoted interbank or to a customer
Answer: B

ACI   Braindumps 3I0-012   3I0-012   3I0-012 study guide   3I0-012

NO.8 In GBP/CHF, you are quoted the following prices by four different banks. You are a buyer of
CHF. Which is the best quote for you?
A. 1.4340
B. 1.4343
C. 1.4337
D. 1.4335
Answer: B

ACI demo   3I0-012 original questions   3I0-012   3I0-012 study guide

NO.9 Which of the following currencies is quoted on an ACT/ 360 basis in the money market?
A. SGD
B. PLN
C. GBP
D. NZD
Answer: D

ACI dumps   3I0-012 test   3I0-012   3I0-012 exam prep   3I0-012   3I0-012 certification training

NO.10 Which party usually takes an initial margin in a classic repo?
A. The buyer
B. The seller
C. Neither
D. Both
Answer: A

ACI   3I0-012 test questions   3I0-012   3I0-012   3I0-012

NO.11 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?
A. GBP 1,997,253.78
B. GBP 1,997,291.34
C. GBP 1,997,287.67
D. GBP 1,997,250.00
Answer: B

ACI   3I0-012 pdf   3I0-012 exam simulations   3I0-012   3I0-012 Bootcamp

NO.12 What are the primary reasons for taking an initial margin in a classic repo?
A. Counterparty risk and operational risk
B. Counterparty risk and legal risk
C. Collateral illiquidity and counterparty risk
D. Collateral illiquidity and legal risk
Answer: C

ACI practice test   3I0-012   3I0-012 test answers   3I0-012   3I0-012 exam dumps   3I0-012

NO.13 Are the forward points significantly affected by changes in the spot rate?
A. Never
B. For very large movements and longer terms
C. Always
D. Spot is the principal influence
Answer: B

ACI   3I0-012 Bootcamp   3I0-012   3I0-012

NO.14 What happens when a coupon is paid on bond collateral during the term of a classic repo?
A. Nothing
B. A margin call is triggered on the seller
C. A manufactured payment is made to the seller
D. Equivalent value plus reinvestment income is deducted from the repurchase price
Answer: C

ACI   3I0-012 practice questions   3I0-012

NO.15 Which of the following CHF/JPY quotes that you have received is the best rate for you to buy
CHF?
A. 105.80
B. 105.75
C. 105.70
D. 105.85
Answer: C

ACI certification training   3I0-012 exam dumps   3I0-012 demo

NO.16 The seller of a EUR/RUB NDF could be:
A. a potential buyer of EUR against RUB
B. speculating on an appreciation of the Russian Rouble
C. expecting rising EUR/RUB exchange rates
D. a seller of Russian Rouble
Answer: B

ACI   3I0-012   3I0-012   3I0-012   3I0-012

NO.17 Which of the following is not a negotiable instrument?
A. CD
B. FRA
C. BA
D. ECP
Answer: B

ACI   3I0-012 demo   3I0-012 test   3I0-012 Bootcamp   3I0-012 test answers

NO.18 Clients of a voice-broker quote EUR/USD at 1.3556-61, 1.3559-62, 1.3557-63 and 1.3555-59.
What will be the broker's price?
A. 1.3559 choice
B. 1.3555-63
C. 1.3559-62
D. 1.3556-59
Answer: A

ACI practice test   3I0-012   3I0-012   3I0-012

NO.19 What is the maximum maturity of an unsecured USCP?
A. One year
B. 270 days
C. 183 days
D. 5 years
Answer: B

ACI   3I0-012   3I0-012 test

NO.20 The tom/next GC repo rate for German government bonds is quoted to you at 1.75-80%. As
collateral, you sell EUR 10,000,000.00 nominal of the 5.25% Bund July 2012, which is worth EUR
11,260,000.00, with no initial margin. The Repurchase Price is:
A. EUR 10,000,500.00
B. EUR 10,000,486.11
C. EUR 11,260,563.00
D. EUR 11,260,547.36
Answer: C

ACI questions   3I0-012   3I0-012 answers real questions

NO.21 As far as fineness and weight are concerned, what are the London Bullion Market Association
(LBMA) requirements for a "good delivery bar"?
A. at least 995 /1000 pure gold; weight between 350 and 430 fine ounces
B. minimum 999.9/1000 pure gold; weight between 350 and 430 fine ounces
C. at least 995 /1000 pure gold; weight of 400 fine ounces
D. minimum 995 /1000 pure gold; weight of 400 fine ounces
Answer: A

ACI exam simulations   3I0-012 dumps   3I0-012 certification training

NO.22 (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.
A. 0.60%
B. 0.949%
C. 1.074%
D. 0.933%
Answer: D

ACI   3I0-012 certification training   Braindumps 3I0-012   3I0-012
4. A 12-month EUR/USD swap is quoted at 41 / 44. EUR interest rates are expected to fall, with
USD interest rates remaining stable.
Assuming no change in the spot rate what effect would you expect on the forward points?
A. Unchanged
B. Move towards 28 / 31
C. Move towards 5 7 / 60
D. Insufficient information
Answer: C

ACI test   3I0-012 Bootcamp   3I0-012 test   3I0-012   3I0-012 original questions

NO.23 A CD with a face value of EUR 10,000,000.00 and a coupon of 3% was issued at par for 182
days and is now trading at 3.10% with 120 days remaining to maturity. What has been the capital
gain or loss since issue?
A. -EUR 52,161.00
B. -t-EUR 47,839.00
C. -EUR 3,827.67
D. Nil
Answer: C

ACI   3I0-012 test answers   3I0-012 study guide

NO.24 You have quoted spot USD/CHF at 0.9423-26. Your customer says "I take 5". What does he
mean?
A. He buys CHF 5,000,000.00 at 0.9423
B. He buys CHF 5,000,000.00 at 0.9426
C. He buys USD 5,000,000.00 at 0.9423
D. He buys USD 5,000,000.00 at 0.9426
Answer: D

Braindumps ACI   3I0-012   3I0-012   3I0-012

NO.25 The tom/next GC repo rate for German government bonds is quoted to you at 1.75-80%. As
collateral, you sell EUR 10,000,000.00 million nominal of the 5.25% Bund July 2012, which is worth
EUR 11,260,000.00. If you have to give an initial margin of 2%, the Repurchase Price is:
A. EUR 11,035,336.41
B. EUR 11,035,351.74
C. EUR 11,039,752.32
D. EUR 11,039,767.65
Answer: D

ACI   3I0-012   3I0-012   3I0-012

NO.26 What is the amount of the principal plus interest due at maturity on a 1-month (32-day)
deposit of USD 50,000,000.00 placed at 0.37%?
A. EUR 50,015,416.67
B. EUR 50,016,219.18
C. EUR 50,016,444.44
D. EUR 50,016,958.33
Answer: C

ACI   3I0-012   3I0-012 questions

NO.27 Voice-brokers in spot FX act as:
A. Proprietary traders
B. Market-makers
C. Matched principals
D. Agents
Answer: D

ACI test answers   3I0-012 braindump   3I0-012 exam   3I0-012

NO.28 A "time option" is an outright forward FX transaction where the customer:
A. has the option to fulfill the outright forward or not at maturity
B. may freely choose the maturity, given a 24-hour notice to the bank
C. can choose any maturity within a previously fixed period
D. may decide to deal at the regular maturity or on either the business day before or after
Answer: C

ACI study guide   3I0-012   3I0-012 test questions

NO.29 Which of the following is a Eurocurrency deposit?
A. A 3-month deposit of USD 10,000,000.00 offered by a US bank in New York
B. A 3-month deposit of USD 10,000,000.00 offered by the US branch of a UK bank in New York
C. A 3-month deposit of USD 10,000,000.00 offered by a US bank in London
D. A 3-month deposit of GBP 10,000,000.00 offered by the UK branch of a US bank in London
Answer: C

ACI   3I0-012   3I0-012 braindump   3I0-012 exam simulations   3I0-012

NO.30 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.
A. 27th August
B. 30th August
C. 31st August
D. 1 September
Answer: C

ACI study guide   3I0-012 test questions   3I0-012

DumpLeader offer the latest 200-120 exam material and high-quality C-TFIN52-64 pdf questions & answers. Our 74-324 VCE testing engine and C_TADM53_70 study guide can help you pass the real exam. High-quality HP2-E56 dumps training materials can 100% guarantee you pass the exam faster and easier. Pass the exam to obtain certification is so simple.

Article Link: http://www.dumpleader.com/3I0-012_exam.html