CFA Level 2 | Economics: Mark-to-Market Value of Forward Contract

Описание к видео CFA Level 2 | Economics: Mark-to-Market Value of Forward Contract

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CFA Level 2
Topic: Economics
Reading: Currency Exchange Rates: Understanding Equilibrium Value

It is important to determine whether the currency referred to in the question is the base currency or not. If not, then it is better to make reference to the base currency when determining whether to use the bid or ask rate.

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