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ACI

3I0-012 · Question #101

If spot GBP/CHF is quoted 1.4275-80 and the 3-month forward outright is 1.4254-61, what are the forward points?

The correct answer is C. 21/19. See the full explanation below for the reasoning.

Question

If spot GBP/CHF is quoted 1.4275-80 and the 3-month forward outright is 1.4254-61, what are the forward points?

Options

  • A19/21
  • B2.1/1.9
  • C21/19
  • D0.21/0.19

How the community answered

(32 responses)
  • A
    6% (2)
  • B
    13% (4)
  • C
    78% (25)
  • D
    3% (1)

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