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3I0-013 - ACI Operations Certificate challenging

ACI 3I0-013 Last Week Results!

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ACI 3I0-013

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ACI 3I0-013 Questions Answers

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3I0-013 Questions and Answers

Question # 1

A redemption premium for a bond is:

A.

Always paid in case of an early redemption

B.

Paid, if stipulated in the prospectus, at an early redemption

C.

Always paid at final maturity

D.

Only paid if a bond is redeemed after its initially scheduled maturity

Question # 2

FX Swaps can be used to:

A.

Swap a fixed leg into a variable leg

B.

Buy or sell the currency of your choice

C.

Arbitrage between foreign exchange and interest rates

D.

Arbitrage between deposits and forward points

Question # 3

Which settlement system offers the lowest risks?

A.

EBA

B.

CLS

C.

TARGET2

D.

CHAPS

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