Why should I choose AnalystNotes?
AnalystNotes specializes in helping candidates pass. Period.
Learning Outcome Statements PDF Download
|1. The Foreign Exchange Market|
define an exchange rate and distinguish between nominal and real exchange rates and spot and forward exchange rates;
describe functions of and participants in the foreign exchange market;
|2. Exchange Rate Quotations|
calculate and interpret the percentage change in a currency relative to another currency;
|3. Cross-Rate Calculations|
calculate and interpret currency cross-rates;
|4. Forward Calculations|
calculate and outright forward quotation from forward quotations expressed on a points basis or in percentage terms;
explain the arbitrage relationship between spot rates, forward rates, and interest rates;
calculate and interpret a forward discount or premium;
calculate and interpret the forward rate consistent with the spot rate and the interest rate in each currency;
|5. Exchange Rate Regimes|
describe exchange rate regimes;
|6. Exchange Rates, International Trade, and Capital Flows|
explain the effects of exchange rates on countries' international trade and capital flows.
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
My Own Flashcard
No flashcard found. Add a private flashcard for the module.