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ACI

3I0-012 · Question #98

The forward points are calculated using:

The correct answer is C. The interest rates in the two currencies. See the full explanation below for the reasoning.

Question

The forward points are calculated using:

Options

  • AThe level of interest rates in the base currency
  • BThe level of interest rates in the quoted currency
  • CThe interest rates in the two currencies
  • DYour expectations of the future spot rate

How the community answered

(26 responses)
  • A
    8% (2)
  • B
    12% (3)
  • C
    77% (20)
  • D
    4% (1)

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