Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 1 of 3
In a carry trade practice, the funding currencies are:
B. high-yield currencies.
C. either low- or high-yield currencies, depending on the investor's position.
A. low-yield currencies.
B. high-yield currencies.
C. either low- or high-yield currencies, depending on the investor's position.
User Contributed Comments 0
You need to log in first to add your comment.
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe the carry trade and its relation to uncovered interest rate parity and calculate the profit from a carry trade;
CFA® 2024 Level II Curriculum, Volume 1, Module 8.