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Basic Question 0 of 5
The ______ between the bid and ask prices is ______.
B. points; dependent on the currency traded
C. difference; fixed by the country market for currency exchange
A. spread; a form of remuneration for the dealer
B. points; dependent on the currency traded
C. difference; fixed by the country market for currency exchange
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I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
explain spot and forward rates and calculate the forward premium/discount for a given currency;
calculate the mark-to-market value of a forward contract;
CFA® 2025 Level II Curriculum, Volume 1, Module 8.