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 12 of 12
The ______ is the difference between bid and ask rates for a currency and relies on market conditions for that specific currency.
B. cross rate
C. spot-forward differential
A. bid-ask spread
B. cross rate
C. spot-forward differential
User Contributed Comments 1
| User | Comment |
|---|---|
| khalifa92 | 0 computation examples? |
I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
Learning Outcome Statements
describe the foreign exchange market, including its functions and participants, distinguish between nominal and real exchange rates, and calculate and interpret the percentage change in a currency relative to another currency
CFA® 2024 Level I Curriculum, Volume 1, Module 7.