ACI Dealing Certificate 3I0-012 Question # 394 Topic 18 Discussion

ACI Dealing Certificate 3I0-012 Question # 394 Topic 18 Discussion

3I0-012 Exam Topic 18 Question 394 Discussion:
Question #: 394
Topic #: 18

What is the Purchase Price of a repo?


A.

The market value of bond collateral at the start of the repo at the clean price of the bond


B.

The market value of bond collateral at the start of the repo at the dirty price of the bond


C.

The amount of cash actually paid for collateral at the start of the repo


D.

The amount of cash actually paid for collateral at the start of the repo plus repo interest


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