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3I0-012Exam Code: 3I0-012
Exam Name: ACI Dealing Certificate
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Last Update: 2014-03-31

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3I0-008Exam Code: 3I0-008
Exam Name: ACI DEALING CERTIFICATE
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3I0-010Exam Code: 3I0-010
Exam Name: ACI - Operations Certificate
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NO.1 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

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NO.2 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

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NO.3 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

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NO.4 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

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NO.5 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

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NO.6 Which of the following is not a negotiable instrument?
A. CD
B. FRA
C. BA
D. ECP
Answer: B

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NO.7 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

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NO.8 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

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Posted 2014/4/1 23:10:48  |  Category: ACI  |  Tag: 3I0-0123I0-0083I0-010ACI