2013年10月4日星期五

3I0-008 latest ACI certification exam questions and answers published

ACI certification 3I0-008 exam is one of the many IT employees' most wanting to participate in the certification exams. Passing the exam needs rich knowledge and experience. While accumulating these abundant knowledge and experience needs a lot of time. Maybe you can choose some training courses or training tool and spending a certain amount of money to select a high quality training institution's training program is worthful. ITCertKing is a website which can meet the needs of many IT employees who participate in ACI certification 3I0-008 exam. ITCertKing's product is a targeted training program providing for ACI certification 3I0-008 exams, which can make you master a lot of IT professional knowledge in a short time and then let you have a good preparation for ACI certification 3I0-008 exam.

Having a ACI certification 3I0-008 exam certificate can help people who are looking for a job get better employment opportunities in the IT field and will also pave the way for a successful IT career for them.

ACI certification 3I0-008 exam is a test of IT professional knowledge. ITCertKing is a website which can help you quickly pass ACI certification 3I0-008 exams. In order to pass ACI certification 3I0-008 exam, many people who attend ACI certification 3I0-008 exam have spent a lot of time and effort, or spend a lot of money to participate in the cram school. ITCertKing is able to let you need to spend less time, money and effort to prepare for ACI certification 3I0-008 exam, which will offer you a targeted training. You only need about 20 hours training to pass the exam successfully.

ACI 3I0-008 certification can guarantee you have good job prospects, because ACI certification 3I0-008 exam is a difficult test of IT knowledge, passing ACI certification 3I0-008 exam proves that your IT expertise a strong and you can be qualified for a good job.

Only to find ways to success, do not make excuses for failure. To pass the ACI 3I0-008 exam, in fact, is not so difficult, the key is what method you use. ITCertKing's ACI 3I0-008 exam training materials is a good choice. It will help us to pass the exam successfully. This is the best shortcut to success. Everyone has the potential to succeed, the key is what kind of choice you have.

Exam Code: 3I0-008
Exam Name: ACI (ACI DEALING CERTIFICATE)
One year free update, No help, Full refund!
Total Q&A: 320 Questions and Answers
Last Update: 2013-10-04

3I0-008 Free Demo Download: http://www.itcertking.com/3I0-008_exam.html

NO.1 Click on the <> Button to view the Formula Sheet.
The extension of an off-market rate could have the following implications:
A.An unauthorised extension of credit to the counterparty.
B.Deferring a loss to a future date.
C.Deferring an income to a future date.
D.All of the above.
ANSWER: d

ACI exam   3I0-008 test   3I0-008   3I0-008   3I0-008

NO.2 Click on the <> Button to view the Formula Sheet.
The seller of a floor:
A.Receives compensation if a reference interest rate falls below an agreed level
B.Pays compensation if a reference interest rate falls below an agreed level
C.Receives compensation if a reference interest rate rises above an agreed level
D.Pays compensation if a reference interest rate rises above an agreed level
ANSWER: b

ACI exam prep   3I0-008 dumps   3I0-008   3I0-008 braindump

NO.3 These are all the pirctures which this dumps will use. When you meet the questions, you can refer to
them by yourself.
A
B
C
D
E
F

NO.4 Click on the <> Button to view the Formula Sheet.
The position delta of an in-the-money short put option is:
A.Between -0.5 and -1
B.-0.5
C.Between +0.5 and +1
D.+0.5
ANSWER: c

ACI original questions   3I0-008 dumps   3I0-008 braindump

NO.5 Click on the <> Button to view the Formula Sheet.
What are some of the major objectives of The Model Code?
A.To clarify the roles of dealers, brokers and customers
B.To promote a high level of ethical, professional behaviour
C.To act as a guide in the absence of government regulation
D.All of the above
ANSWER: d

ACI   3I0-008 test answers   3I0-008   3I0-008   3I0-008

NO.6 Click on the <> Button to view the Formula Sheet.
Which of the following currencies is quoted on an actual/365 basis for the calculation of interest on
interbank deposits in London?
A.EUR
B.JPY
C.GBP
D.CHF
ANSWER: c

ACI   3I0-008 study guide   3I0-008

NO.7 Click on the <> Button to view the Formula Sheet.
One of your major customers is visiting your bank and wishes to meet you and see the dealing room.
What is the Model Code recommendation?
A.There is no problem.
B.There is no problem provided the visitor is a member of your customers management and not a dealer
for the customer.
C.There is no problem with a short, one-off visit approved by management.
D.Non-treasury personnel and visitors should not be allowed into the dealing room.
ANSWER: c

ACI test answers   3I0-008 test answers   3I0-008   3I0-008 dumps

NO.8 Click on the <> Button to view the Formula Sheet.
Covered interest arbitrage is possible when:
A.The low interest rate currency depreciates
B.There is a large swing in the spot rate
C.The values of the forward points and of the interest rate differential between two currencies diverge
D.The interest rate differential widens rather than narrows
ANSWER: c

ACI   3I0-008   3I0-008 original questions   3I0-008 exam   3I0-008   3I0-008

NO.9 Click on the <> Button to view the Formula Sheet.
Although The Model Code discourages the extension of forward FX contracts at their historic rates, one of
the conditions required for this is:
A.Prior management approval has been sought.
B.They are executed within six months.
C.They are extended for not more than one year.
D.All of the above.
ANSWER: a

ACI questions   3I0-008   3I0-008 questions   3I0-008 practice test

NO.10 Click on the <> Button to view the Formula Sheet.
Taking collateral to hedge the credit risk on a counterparty means that you have:
A.Eliminated credit risk
B.Eliminated market risk
C.Taken a guarantee from the issuer of the collateral
D.Taken on market, legal and operational risks
ANSWER: d

ACI   3I0-008   3I0-008

NO.11 Click on the <> Button to view the Formula Sheet.
Lending for 3 months and borrowing for 6 months creates a 3x6 forward-forward deposit. The cost of that
deposit is called:
A.Break-even rate
B.Implied forward rate
C.Forward-forward rate
D.All of the above
ANSWER: d

ACI study guide   3I0-008 test answers   3I0-008 answers real questions   3I0-008   3I0-008 original questions

NO.12 Click on the <> Button to view the Formula Sheet.
Which of the following is issued by auction?
A.Treasury bill
B.CD
C.BA
D.USCP
ANSWER: a

ACI   3I0-008 test questions   3I0-008 exam dumps   3I0-008   3I0-008   3I0-008 exam dumps

NO.13 Click on the <> Button to view the Formula Sheet.
The 180-day GBP/USD rate is bid 62 and the 90-day GBP/USD rate is bid 29.
What is the bid rate for 120 days, assuming straight-line interpolation?
A.33
B.42
C.27
D.40
ANSWER: d

ACI   3I0-008   3I0-008   3I0-008

NO.14 Click on the <> Button to view the Formula Sheet.
In case of a default on a repo by the seller:
A.The buyer can liquidate the collateral
B.The buyer has to liquidate the collateral
C.The buyer cannot liquidate the collateral until the seller is declared insolvent
D.A court is appointed to decide what happens to the collateral
ANSWER: a

ACI   3I0-008   3I0-008 pdf   3I0-008   3I0-008   3I0-008

NO.15 Click on the <> Button to view the Formula Sheet.
Prior to expiration, an in-the-money option has:
A.Intrinsic value but no time value
B.Time value but no intrinsic value
C.Both time value and intrinsic value
D.Neither time value nor intrinsic value
ANSWER: c

ACI   3I0-008   3I0-008   3I0-008 certification

NO.16 Click on the <> Button to view the Formula Sheet.
What are the secondary market proceeds of a CD with a face value of EUR 5 million and a coupon of 3%
that was issued at par for 182 days and is now trading at 3% but with only 7 days remaining to maturity?
A.EUR 4,997,085.03
B.EUR 5,000,000.00
C.EUR 5,071,086.45
D.EUR 5,072,874.16
ANSWER: d

ACI exam prep   3I0-008   3I0-008   3I0-008   3I0-008 exam simulations

NO.17 Click on the <> Button to view the Formula Sheet.
If a counterparty's name is not acceptable to a lending bank, that bank:
A.Can revise the rate according to his credit position for the counterparty.
B.Should not revise the rate.
C.Can revise the rate but only with the consent of senior management.
D.Can revise the rate according to the credit rating of the counterparty
ANSWER: b

ACI exam simulations   3I0-008   3I0-008   3I0-008   3I0-008

NO.18 Click on the <> Button to view the Formula Sheet.
Making interest rate swap transactions subject to agreement on documentation:
A.Is recommended where the complications of the transaction warrant the practice.
B.Is strictly forbidden.
C.Is considered bad practice.
D.Must have senior management approval.
ANSWER: c

ACI   3I0-008 questions   3I0-008   3I0-008

NO.19 Click on the <> Button to view the Formula Sheet.
If EUR/USD is 1.1025-28 and the 6-month swap is 112.50/113, what is the 6-month outright price?
A.1.1380-1.11405
B.1.11375-1.1141
C.1.09125-1.0915
D.None of these
ANSWER: b

ACI   3I0-008   3I0-008 demo   3I0-008 exam simulations   3I0-008 original questions   3I0-008 practice test

NO.20 Click on the <> Button to view the Formula Sheet.
What is the Overnight Index for GBP?
A.SONIA
B.STINA
C.LIBOR
D.EONIA
ANSWER: a

ACI certification training   3I0-008   3I0-008 dumps   3I0-008 exam simulations   3I0-008 test questions   3I0-008 test questions

NO.21 Click on the <> Button to view the Formula Sheet.
A 1-month (30-day) USCP with a face value of USD 5 million is quoted at a rate of discount of 2.31%.
How much is the paper worth?
A.USD 4,884,500.00
B.USD 4,990,375.00
C.USD 4,990.506.85
D.USD 4,990,393.49
ANSWER: b

ACI   3I0-008   3I0-008 test   3I0-008 test answers

NO.22 Click on the <> Button to view the Formula Sheet.
Written confirmation is a function that can be done by:
A.Any dealer as long as he/she is not a party to the trade.
B.Staff in the back-office.
C.Staff in the dealing room who are not dealing.
D.Any staff outside the dealing room.
ANSWER: b

ACI exam simulations   3I0-008 exam simulations   3I0-008 study guide   3I0-008 dumps

NO.23 Click on the <> Button to view the Formula Sheet.
Four banks provide you with quotes in CHF/SEK. Which is the best price for you to buy SEK?
A.5.5825
B.5.5820
C.5.5815
D.5.5830
ANSWER: d

ACI test   3I0-008 test questions   3I0-008   3I0-008 study guide   3I0-008

NO.24 Click on the <> Button to view the Formula Sheet.
It is now permissible in most markets for brokers to be owned by banks and other principals. Where there
is shared management, or a shareholding or other investment in a broker by a counterparty:
A.The broker is not obligated to reveal the connection provided Chinese Walls are in place.
B.The broker is not obligated to reveal the connection in the professional market.
C.The broker should advise the other counterparty of the connection.
D.The matter is covered in the Model Code.
ANSWER: c

ACI certification   3I0-008 answers real questions   3I0-008   3I0-008 practice test   3I0-008 test answers

NO.25 Click on the <> Button to view the Formula Sheet.
What is the amount of the principal plus interest due at maturity on a 1-month (31-day) deposit of EUR 50
million placed at 3.67%?
A.EUR 50,152,916.70
B.EUR 50,155,849.30
C.EUR 50,158,013.90
D.EUR 50,161,888.90
ANSWER: c

ACI   3I0-008 certification   3I0-008 original questions   3I0-008 answers real questions

NO.26 Click on the <> Button to view the Formula Sheet.
What is the ISO code for platinum
A.XAU
B.XAG
C.XPT
D.XPD
ANSWER: c

ACI   3I0-008 dumps   3I0-008 exam dumps   3I0-008

NO.27 Click on the <> Button to view the Formula Sheet.
Which of the following will tend to have the higher yield?
A.Treasury bill
B.Repo against Treasury bill collateral
C.They have the same yield
D.Cannot say
ANSWER: b

ACI test questions   3I0-008   3I0-008 test   3I0-008 dumps   3I0-008 original questions   3I0-008 exam dumps

NO.28 Click on the <> Button to view the Formula Sheet.
You have done the following deals in spot USD/JPY:
Sold USD 5.0 million at 130.60
Bought USD 3.5 million at 130.20
Bought USD 2.0 million at 130.50
Sold USD 2.0 million at 130.55
What is your net position and average rate?
A.Short USD 1.5 million at 130.46
B.Long USD 1.5 million at 130.46
C.Short USD 1.5 million at 131.60
D.Long USD 1.5 million at 131.60
ANSWER: c

ACI exam dumps   3I0-008   3I0-008 test   3I0-008 certification   3I0-008 test answers

NO.29 Click on the <> Button to view the Formula Sheet.
In the international market, a FRA in USD is usually settled with reference to:
A.BBA LIBOR
B.Fed funds
C.ISDA LIBOR
D.EURIBOR
ANSWER: a

ACI dumps   3I0-008 exam   3I0-008   3I0-008 questions

NO.30 Click on the <> Button to view the Formula Sheet.
Voice-brokers in spot FX are remunerated with:
A.Commission paid by both parties at rates agreed beforehand
B.A fee paid by the seller
C.Bid/offer spread
D.A share of the bid/offer spread
ANSWER: a

ACI   3I0-008   3I0-008   3I0-008   3I0-008 exam simulations

ITCertKing offer the latest MB7-700 exam material and high-quality HP2-B25 pdf questions & answers. Our 70-463 VCE testing engine and 98-372 study guide can help you pass the real exam. High-quality LOT-951 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/3I0-008_exam.html

没有评论:

发表评论