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Basic Question 20 of 20
The bid/offer for the spot and forward points for the USD/EUR rates are:
One-month forward: -58/-50
The one-month forward bid and offer rates are:
B. 1.2687/1.2708.
C. 1.2695/1.2700.
Spot: 1.2745/1.2758
One-month forward: -58/-50
The one-month forward bid and offer rates are:
A. 1.2803/1.2808.
B. 1.2687/1.2708.
C. 1.2695/1.2700.
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
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.