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Basic Question 1 of 20
A ______, which is between a bank and a customer (or another bank), specifies delivery at a fixed future date, of a fixed amount of one currency against another currency.
B. foreign exchange forward contract.
C. foreign exchange futures contract.
A. foreign exchange contract.
B. foreign exchange forward contract.
C. foreign exchange futures contract.
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alexieri | marks...someone's living in the past... |
I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
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® 2024 Level II Curriculum, Volume 1, Module 8.