A SHORT POSITION IN A ONE-YEAR FORWARD CONTRACT WITH A FORWARD...

2. - CFA MOCK EXAM LEVEL III MOCK EXAM VERSIONC QUESTIONS 2014
CFA MOCK EXAM LEVEL III MOCK EXAM VERSIONC QUESTIONS 2014
2. A short position in a one-year forward contract with a forward price of $200 and six months remaining until expiration. The forward price was determined based on a risk-free rate of 5.5%. The current spot price of the underlying asset is $207.