You are the fixed-rate payer in a plain vanilla interest rate swap.

Vendor: ACI
Product: 3I0-012
Update on: Aug 18, 2025
Questions: 740

ACI 3I0-012 Question Answer

You are the fixed-rate payer in a plain vanilla interest rate swap. If your counterparty defaults, your exposure at default is:

greater, the higher the market swap rate and the shorter the term

lower, the lower the market swap rate and the shorter the term

lower, the lower the market swap rate and the longer the term

greater, the higher the market swap rate and the longer the term

ACI 3I0-012 Summary

Price: $52.5 ~~$149.99~~