ACI
3I0-012 · Question #172
You are quoted the following market rates: Spot AUD/CAD 1.0600 12M (360-day) AUD 3.40% 12M (360-day) CAD 1.55% What are the 12-month AUD/CAD forward points?
The correct answer is D. -190. See the full explanation below for the reasoning.
Question
You are quoted the following market rates:
Spot AUD/CAD 1.0600 12M (360-day) AUD 3.40% 12M (360-day) CAD 1.55% What are the 12-month AUD/CAD forward points?
Options
- A+190
- B-193
- C-192
- D-190
How the community answered
(39 responses)- A5% (2)
- B3% (1)
- C15% (6)
- D77% (30)
Community Discussion
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