Chartered Financial Analyst Level 1
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An analyst gathers the following exchange rate information:
USD/EUR spot rate 1.0993 USD/EUR 6-month forward points 11.7
USD/EUR is the amount of USD per 1 EUR.
The USD/EUR 6-month forward rate is closest to:
An analyst gathers the following exchange rate information:
| USD/EUR spot rate | 1.0993 |
|---|---|
| USD/EUR 6-month forward points | 11.7 |
USD/EUR is the amount of USD per 1 EUR.
The USD/EUR 6-month forward rate is closest to:
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