ACI Operations Certificate challenging - 3I0-013 FREE EXAM DUMPS QUESTIONS & ANSWERS

A. Is higher than its face value if, and only if, its coupon rate is higher than its yield to maturity on the coupon date B. Is lower than its face value if, and only if, its coupon rate is higher than its yield to maturity on the coupon date C. Is higher than its face value if, and only if, its coupon rate is lower than its yield to maturity on the coupon date D. Is always higher than its face value

A. Pay EUR 10,000.00 B. Receive EUR 9,993.75 C. Pay EUR9,993.75 D. Receive EUR 10,000.00

A. Product identification: counterparty, currency, index B. Economic: such as initial and final amounts, rates C. Dates including the trade day: initial day, final day, settlement day D. Identification of the dealer: identity, title, direct phone number

A. Internal transactions should not be confirmed as there is no credit risk involved B. Internal confirmations should be subject to the same procedures as those in place for external clients C. Chasers on internal confirmations should be sent less frequently than those for external confirmations D. Control procedures should be relaxed generally for internal confirmations

A. USD B. EUR C. GBP D. CHF

A. There need not be a clear and genuine intent to trade on each posted price B. Prices must be posted with the clear intent to be tradable C. Market makers must ensure that their prices are adequate and appropriate for their trading style D. Prices quoted should be firm unless clearlylabeledas indicative

A. Input the deal the following morning as requested by the Chief FX trader B. Refuse, input the deal as normal but keep the request to yourself C. Refuse, input the deal and report the incident to your superior D. Refuse, input the deal and tell another spot trader

A. That all telephone conversations (internal and external) be taped without informing counterparties B. That only telephone conversations between dealers and brokers be recorded C. That only conversations undertaken by dealers and brokers should be recorded D. That all conversations undertaken by dealers and brokers should be recorded, together with back office telephone lines used by those responsible for confirming deals or passing payments to other institutions

A. The sum of all the fixed and floating rate payments B. The amount at which the two counterparties can close-out their transaction C. The amount on which floating and fixed interest payments are calculated D. The net difference between fixed and floating rate payments

A. Senior management only B. Front Office and Treasury Middle Office C. All relevant areas D. Product Control, Legal and Compliance, Front Office, Treasury and Operations

A. NZD 5,075,000.00 B. NZD 5,000,000.00 C. NZD 5,076,205.48 D. NZD 5,076,250.00

A. Open an account in a bank in the U.S. that has an account at the NYSE B. Buy the American securities directly on the NYSE C. Open a bank account in the United States D. Buy the securities directly in Luxembourg

A. Receive AUD 2,500.00 B. Pay AUD 2,447.65 C. Receive AUD 2,481.39 D. Pay AUD 2,481.39