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Exam 3I0-012 All Questions
Exam 3I0-012 All Questions

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ACI-Financial 3I0-012 Question # 61 Topic 7 Discussion

3I0-012 Exam Topic 7 Question 61 Discussion:
Question #: 61
Topic #: 7

You quote spot EUR/USD at 1.3023-26 in 5 to another bank. He says, “Take 5, could do 8”.

How much are you obliged to do?


A.

Nothing, as he changed the terms of the deal


B.

EUR 5,000,000.00


C.

More than EUR 5,000,000.00, but a maximum of EUR 8,000,000.00


D.

EUR 8,000,000.00


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