ACI Dealing Certificate 3I0-012 Question # 249 Topic 3 Discussion

ACI Dealing Certificate 3I0-012 Question # 249 Topic 3 Discussion

3I0-012 Exam Topic 3 Question 249 Discussion:
Question #: 249
Topic #: 3

If 6-month EUR/AUD is quoted at 29/32, which of the following statements is correct?


A.

EUR rates are higher than AUD rates in the 6-month


B.

AUD rates are higher than EUR rates in the 6-month


C.

There is a positive EUR yield curie


D.

There is not enough information to decide


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