nerdexam
ACI

3I0-012 · Question #23

You are quoted the following market rates: Spot GBP/USD 1.5525 9M (272-day) GBP 0.81% 9M (272-day) USD 0.55% What are the 9-month GBP/USD forward points?

The correct answer is C. -29. See the full explanation below for the reasoning.

Question

You are quoted the following market rates:

Spot GBP/USD 1.5525 9M (272-day) GBP 0.81% 9M (272-day) USD 0.55% What are the 9-month GBP/USD forward points?

Options

  • A-30
  • B+29
  • C-29
  • D+30

How the community answered

(54 responses)
  • A
    4% (2)
  • B
    6% (3)
  • C
    80% (43)
  • D
    11% (6)

Community Discussion

No community discussion yet for this question.

Full 3I0-012 Practice