Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Free Preparation Discussions
MENU
ACI Exam 3I0-008 Topic 1 Question 1 Discussion
Actual exam question for
ACI's
3I0-008 exam
Question #: 1
Topic #: 1
[All 3I0-008 Questions]
Topic #: 1
A customer gives you GBP 25 million at 6.625% same day for 7 days. Through a broker, you place the funds with a bank for the same period at 6.6875%. Brokerage is charged at 2 basis points per annum. What is the net profit or loss on the deal?
Suggested Answer:
B
Currently there are no comments in this discussion, be the first to comment!