CFA Practice Question

There are 891 practice questions for this topic.

CFA Practice Question

Assume AUD:USD is 1.0717 and the three-month forward rate is quoted as 0.85%. The AUD:USD three-month forward rate is ______.
A. 1.0808
B. 1.0632
C. 1.0802
Explanation: 1.0717 x (1 + 0.85%) = 1.0808

User Contributed Comments 0

You need to log in first to add your comment.