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admin — Mon, 13 Sep 2010 07:49:01 +0000

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admin — Wed, 28 Oct 2009 04:19:48 +0000

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Exam Number/Code : 3I0-010
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admin — Sat, 12 Sep 2009 05:05:46 +0000

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admin — Sat, 05 Sep 2009 07:41:36 +0000

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admin — Tue, 25 Aug 2009 08:43:12 +0000

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admin — Sun, 16 Aug 2009 14:16:29 +0000

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Exam : ACI 3I0-008
Title : ACI DEALING CERTIFICATE

1. A 1-month (30-day) USCP with a face value of USD 5 million is quoted at a rate of discount of 31%.
How much is the paper worth?
A. USD 4,884,500.00
B. USD 4,990,375.00
C. USD 4,990.506.85
D. USD 4,990,393.49
Answer: B

2. Which of the following will tend to have the higher yield?
A. Treasury bill
B. Repo against Treasury bill collateral
C. They have the same yield
D. Cannot say
Answer: B

3. EURIBOR is the:
A. Daily fixing of EUR interbank deposit rates in the European market
B. Daily fixing of EUR interbank deposit rates in the London market
C. Another name for EUR LIBOR
D. The ECBs official repo rate
Answer: A

4. In case of a default on a repo by the seller:
A. The buyer can liquidate the collateral
B. The buyer has to liquidate the collateral
C. The buyer cannot liquidate the collateral until the seller is declared insolvent
D. A court is appointed to decide what happens to the collateral
Answer: A

5. Which of the following is issued by auction?
A. Treasury bill
B. CD
C. BA
D. USCP
Answer: A

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admin — Wed, 24 Jun 2009 07:48:49 +0000

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Exam Number/Code : 3I0-007
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