ACI Dealing Certificate 3I0-012 Question # 416 Topic 20 Discussion

ACI Dealing Certificate 3I0-012 Question # 416 Topic 20 Discussion

3I0-012 Exam Topic 20 Question 416 Discussion:
Question #: 416
Topic #: 20

Which one of the formulae below is correct?


A.

Long a FRN + pay fixed on a swap = long a synthetic straight bond


B.

Long a FRN + receive floating on a swap = long a synthetic straight bond


C.

Long a FRN + pay floating on a swap = short a synthetic straight bond


D.

Long a FRN + pay floating on a swap = long a synthetic straight bond.


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