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3I0-012 · Question #698

You are quoted the following market rates: spot GBP/USD. 1.6530 9M (272-day) GBP. 3.60% 9M (272-day) USD. 1.95% What are the 9-month GBP/USD forward points?

The correct answer is C. -195. See the full explanation below for the reasoning.

Question

You are quoted the following market rates:

spot GBP/USD. 1.6530 9M (272-day) GBP. 3.60% 9M (272-day) USD. 1.95% What are the 9-month GBP/USD forward points?

Options

  • A+206
  • B+197
  • C-195
  • D-204

How the community answered

(22 responses)
  • A
    9% (2)
  • B
    5% (1)
  • C
    82% (18)
  • D
    5% (1)

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