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Basic Question 18 of 20

When forward points are added to the spot rate, there is a:

A. forward premium.
B. forward discount.
C. It has nothing to do with forward premium or discount.

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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.
Edward Liu

Edward Liu

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.