Why should I choose AnalystNotes?
AnalystNotes specializes in helping candidates pass. Period.
Basic Question 11 of 19
The ______ is the difference between bid and ask rates for a currency and relies on market conditions for that specific currency.
B. cross rate
C. spot rate
A. bid-ask spread
B. cross rate
C. spot rate
User Contributed Comments 1
| User | Comment |
|---|---|
| khalifa92 | 0 computation examples? |
I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
explain spot and forward rates and calculate the forward premium/discount for a given currency;
calculate the mark-to-market value of a forward contract;
CFA® 2025 Level II Curriculum, Volume 1, Module 8.