Exam 3I0-012 VCE

In the recent few years, ACI 3I0-012 exam certification have caused great impact to many people. But the key question for the future is that how to pass the ACI 3I0-012 exam more effectively. The answer of this question is to use ITCertKing's ACI 3I0-012 exam training materials, and with it you can pass your exams. So what are you waiting for? Go to buy ITCertKing's ACI 3I0-012 exam training materials please, and with it you can get more things what you want.

Are you an IT staff? Are you enroll in the most popular IT certification exams? If you tell me “yes", then I will tell you a good news that you're in luck. ITCertKing's ACI 3I0-012 exam training materials can help you 100% pass the exam. This is a real news. If you want to scale new heights in the IT industry, select ITCertKing please. Our training materials can help you pass the IT exams. And the materials we have are very cheap. Do not believe it, see it and then you will know.

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: 2013-11-23

Don't need a lot of time and money, only 30 hours of special training, and you can easily pass your first time to attend ACI certification 3I0-012 exam. ITCertKing are able to provide you with test exercises which are closely similar with real exam questions.

In order to meet the needs of each candidate, the team of IT experts in ITCertKing are using their experience and knowledge to improve the quality of exam training materials constantly. We can guarantee that you can pass the ACI 3I0-012 exam the first time. If you buy the goods of ITCertKing, then you always be able to get newer and more accurate test information. The coverage of the products of ITCertKing is very broad. It can be provide convenient for a lot of candidates who participate in IT certification exam. Its accuracy rate is 100% and let you take the exam with peace of mind, and pass the exam easily.

ITCertKing IT Certification has years of training experience. ITCertKing ACI 3I0-012 exam training materials is a reliable product. IT elite team continue to provide our candidates with the latest version of the 3I0-012 exam training materials. Our staff made ​​great efforts to ensure that you always get good grades in examinations. To be sure, ITCertKing ACI 3I0-012 exam materials can provide you with the most practical IT certification material.

The ITCertKing Free ACI 3I0-012 sample questions, allow you to enjoy the process of buying risk-free. This is a version of the exercises, so you can see the quality of the questions, and the value before you decide to buy. We are confident that ITCertKing the ACI 3I0-012 sample enough you satisfied with the product. In order to ensure your rights and interests，ITCertKing commitment examination by refund. Our aim is not just to make you pass the exam, we also hope you can become a true IT Certified Professional. Help you get consistent with your level of technology and technical posts, and you can relaxed into the IT white-collar workers to get high salary.

ITCertKing's ACI 3I0-012 exam training material is the best training materials on the Internet. It is the leader in all training materials. It not only can help you to pass the exam , you can also improve your knowledge and skills. Help you in your career in your advantage successfully. As long as you have the ACI 3I0-012 certification, you will be treated equally by all countries.

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

NO.1 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   3I0-012   3I0-012

NO.2 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 exam prep   3I0-012   3I0-012   3I0-012   3I0-012

NO.3 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 dumps   3I0-012   3I0-012 exam   3I0-012 exam simulations   3I0-012

NO.4 Voice-brokers in spot FX act as:
A. Proprietary traders
B. Market-makers
C. Matched principals
D. Agents
Answer: D

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

NO.5 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 practice test   3I0-012   3I0-012

NO.6 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 pdf   3I0-012 braindump   3I0-012 original questions

NO.7 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 exam dumps   3I0-012 practice test   3I0-012 test   3I0-012   3I0-012   3I0-012 braindump

NO.8 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 test answers   3I0-012   3I0-012 exam dumps

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   3I0-012 dumps   3I0-012   3I0-012 test answers

NO.10 Which of the following is not a negotiable instrument?
A. CD
B. FRA
C. BA
D. ECP
Answer: B

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

NO.11 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 simulations   3I0-012 pdf   3I0-012

NO.12 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   3I0-012   3I0-012   3I0-012 certification training   3I0-012

NO.13 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 certification   3I0-012 braindump   3I0-012   3I0-012 questions

NO.14 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.15 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 exam dumps   3I0-012 original questions   3I0-012   3I0-012   3I0-012

NO.16 Which party usually takes an initial margin in a classic repo?
A. The buyer
B. The seller
C. Neither
D. Both
Answer: A

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

NO.17 (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   3I0-012 original questions   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   3I0-012 pdf   3I0-012   3I0-012 exam prep

NO.18 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   3I0-012   3I0-012

NO.19 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   3I0-012   3I0-012

NO.20 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

ACI pdf   3I0-012 questions   3I0-012 practice test   3I0-012 demo   3I0-012 exam dumps

NO.21 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   3I0-012 pdf   3I0-012   3I0-012 test answers

NO.22 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 study guide   3I0-012 study guide   3I0-012   3I0-012 answers real questions

NO.23 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   3I0-012 test   3I0-012 braindump   3I0-012 answers real questions

NO.24 What is the maximum maturity of an unsecured USCP?
A. One year
B. 270 days
C. 183 days
D. 5 years
Answer: B

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

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 study guide   3I0-012 exam prep   3I0-012   3I0-012 exam dumps

NO.26 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   3I0-012   3I0-012 dumps   3I0-012 braindump   3I0-012 dumps

NO.27 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 test questions   3I0-012   3I0-012 study guide

NO.28 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 original questions   3I0-012   3I0-012

NO.29 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 certification   3I0-012 pdf   3I0-012 pdf   3I0-012 original questions   3I0-012 dumps   3I0-012 certification

NO.30 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 dumps   3I0-012   3I0-012

ITCertKing offer the latest 000-318 exam material and high-quality 1z0-593 pdf questions & answers. Our MB6-870 VCE testing engine and 70-465 study guide can help you pass the real exam. High-quality 1Z0-536 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.itcertking.com/3I0-012_exam.html