ACI Dealing Certificate 3I0-012 Question # 355 Topic 14 Discussion

ACI Dealing Certificate 3I0-012 Question # 355 Topic 14 Discussion

3I0-012 Exam Topic 14 Question 355 Discussion:
Question #: 355
Topic #: 14

Click on the Exhibit Button to view the Formula Sheet. If you bought USD 2,000,000 against CHF at 1.1020, USD 3,000,000 at 1.1040 and USD 5,000,000 at 1.1032, what is the average rate of your position?


A.

1.1030


B.

1.1035


C.

1.1028


D.

1.1032


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