ACI Operations Certificate challenging 3I0-013 Question # 118 Topic 1 Discussion

ACI Operations Certificate challenging 3I0-013 Question # 118 Topic 1 Discussion

3I0-013 Exam Topic 1 Question 118 Discussion:
Question #: 118
Topic #: 1

AFRA is:


A.

An instrument for managing interest rate risk


B.

An instrument for managing credit rate risk


C.

An instrument that never impacts P/L


D.

The forward leg of an FX swap


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