Bid-Offer Spread in Forwards

AFM Financial Mathematics - Forex Arithmetic Free JAIIB Capsule 18 views Updated
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AFM · Financial Mathematics - Forex Arithmetic
Banks buy low and sell high. When adjusting a Spot Bid-Offer rate (e.g., 1.2180/90) with a premium (e.g., 15/18), how are the premium points applied to the Bid and Offer respectively?
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Banks buy low and sell high. When adjusting a Spot Bid-Offer rate (e.g., 1.2180/90) with a premium (e.g., 15/18), how are the premium points applied to the Bid and Offer respectively?

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This capsule covers Accounting & Financial Management for Bankers, Financial Mathematics - Forex Arithmetic. Members get the complete explanation plus every other premium capsule, mock test and PDF.

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