- CFA Exams
- 2026 Level I
- Topic 2. Economics
- Learning Module 8. Exchange Rate Calculations
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Learning Outcome Statements PDF Download
| 1. Cross-Rate Calculations calculate and interpret currency cross-rates | |
| 2. Forward Rate Calculations explain the arbitrage relationship between spot and forward exchange rates and interest rates, calculate a forward rate using points or in percentage terms, and interpret a forward discount or premium |
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