AFP
CTP · Question #523
(Topic 6) A currency is said to trade at a discount if it is worth:
The correct answer is B. less in the forward market than in the spot market. See the full explanation below for the reasoning.
Question
- (Topic 6)
A currency is said to trade at a discount if it is worth:
Options
- Aless than its face value.
- Bless in the forward market than in the spot market.
- Cless in the futures market than in the forward market.
- Dless today than one year hence.
How the community answered
(25 responses)- A16% (4)
- B72% (18)
- C4% (1)
- D8% (2)
Community Discussion
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