ACI Dealing Certificate 3I0-012 Question # 424 Topic 21 Discussion

ACI Dealing Certificate 3I0-012 Question # 424 Topic 21 Discussion

3I0-012 Exam Topic 21 Question 424 Discussion:
Question #: 424
Topic #: 21

The market is quoting:

1-month (31-day) NOK 1.75¡ãk

3-month (91-day) NOK 2.05%

What is the 1x3 rate in NOK?


A.

4.261%


B.

2.202%


C.

1.900%


D.

1.592%


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