Free ACI 002-101 Exam Questions

Become ACI Certified with updated 002-101 exam questions and correct answers

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Total 420 Questions | Updated On: Jun 04, 2025

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Question 1

What is the maximum maturity of a US Treasury bill?

A : 5years

B : 270 days

C : year

D : 183 days

Answer: C

Question 2

What is the effect of netting?

A : reduce the size of the balance sheet

B : To reduce the number and size of payments and transfers

C : l of the above

D : reduce exposure to credit risk

Answer: C

Question 3

Lending for 3 months and borrowing for 6 months creates a 3x6 forward-forward deposit. The cost of that deposit is called:

A : rward-forward rate

B : l of the above

C : plied rate

D : eak-even rate

Answer: B

Question 4

How is a USD Overnight Indexed Swap (OIS) settled?

A : o days after maturity by net payment

B : riodic exchange of fixed and floating payments up to and including maturity

C : ter maturity by exchange of fixed and floating payments

D : maturity by net payment

Answer: A

Question 5

You borrow GBP 2,500,000.00 at 0.625% for 165 days. How much do you repay including interest?

A : P 2,507,106.16

B : P 2,507,161.46

C : P 2,507,006.85

D : P 2,507,063.36

Answer: D

Page: 1 / 84

Total 420 Questions | Updated On: Jun 04, 2025

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