Summer Special Limited Time 60% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: 8w52ceb345

What does “modified following business day convention” mean?

ACI 3I0-013 Full Course Access
ACI 3I0-013 View All Questions

What does “modified following business day convention” mean?

A.

A convention whereby a transaction is dated the following business day, unless that day extends into the next month, in which case it is dated the preceding business day

B.

A convention whereby a transaction is dated the following business day

C.

A convention whereby a transaction is dated the preceding business day

D.

A convention whereby a transaction is dated the next business day that corresponds to the same numerical day of the month as the preceding payment

3I0-013 PDF/Engine
  • Printable Format
  • Value of Money
  • 100% Pass Assurance
  • Verified Answers
  • Researched by Industry Experts
  • Based on Real Exams Scenarios
  • 100% Real Questions
buy now 3I0-013 pdf
Get 60% Discount on All Products, Use Coupon: "8w52ceb345"
Next
A Certificate of Deposit (CD) was issued at 2.
Which of the following best describes TARGET2?
Previous