ACI Dealing Certificate 3I0-012 Question # 302 Topic 9 Discussion

ACI Dealing Certificate 3I0-012 Question # 302 Topic 9 Discussion

3I0-012 Exam Topic 9 Question 302 Discussion:
Question #: 302
Topic #: 9

If 6-month USD/CAD forward rates are quoted at 40/45, which of the following statements is correct?


A.

USD rates are higher than CAD rates in the 6-month


B.

CAD rates are higher than USD rates in the 6-month


C.

There is a positive USD yield curve


D.

There is not enough information to decide


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