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admin — Thu, 15 Sep 2011 06:56:14 +0000

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admin — Mon, 13 Sep 2010 07:49:01 +0000

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Exam Number/Code : 3I0-002
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admin — Thu, 12 Nov 2009 19:59:16 +0000

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admin — Sat, 07 Nov 2009 17:32:56 +0000

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Exam : ACI 3I0-008
Title : ACI DEALING CERTIFICATE

1. 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

2. EURIBOR is the:
A. Daily fixing of EUR interbank deposit rates in the European market
B. Daily fixing of EUR interbank deposit rates in the London market
C. Another name for EUR LIBOR
D. The ECBs official repo rate
Answer: A

3. Which of the following is issued by auction?
A. Treasury bill
B. CD
C. BA
D. USCP
Answer: A

4. A 1-month (30-day) USCP with a face value of USD 5 million is quoted at a rate of discount of 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

5. 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

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admin — Tue, 27 Oct 2009 05:58:57 +0000

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admin — Fri, 25 Sep 2009 09:11:31 +0000

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admin — Tue, 08 Sep 2009 15:00:52 +0000

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admin — Sun, 31 May 2009 09:00:32 +0000

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