The UK money-market day-count convention is
A) Actual/365.
B) Actual/360.
C) Actual/Actual.
D) 30/360.

Name: The UK money-market day-count convention is A) Actual/365. B) Actual/360. C) Actual/Actual. D) 30/360.
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The UK money-market day-count convention is Actual/365, which means that the actual number of days in the month and year are used, but the year is assumed to have 365 days for the purpose of interest calculations.

The UK Money-Market Day-Count Convention Is