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    Investments Concepts and Applications
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    Exam 15: Futures and Forward Contracts
  5. Question
    In Converting a Forward Point Quotation to a Forward Rate,if
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In Converting a Forward Point Quotation to a Forward Rate,if

Question 16

Question 16

True/False

In converting a forward point quotation to a forward rate,if the forward points fall,such that the second number is smaller than the first,the forward points are subtracted from the spot rate.

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