CFA Practice Question

There are 341 practice questions for this study session.

CFA Practice Question

If the forward rate is lower than the spot rate, the price currency is said to be trading at a ______.
A. forward premium
B. forward discount
C. spot discount
Explanation: Note that the base currency, not the price currency, is said to be trading at a forward discount.

User Contributed Comments 0

You need to log in first to add your comment.