CFA Level I sample question

CFA Level I original question

Derivatives / Forward Valuation

No-login practice

original sample question

Choose an answer before revealing the explanation, key takeaway, and answer-choice review.

Question 1 of 1 Score 0/1
Moderate

Derivatives

Forward Valuation

Six months remain on a forward contract on a non-income-producing asset. The original forward price is 103.50, the current spot price is 108.00, and the six-month risk-free rate is 2.0%. The value of the forward contract to the long is closest to:

Question of the Week

Get one CFA Level I question by email

Receive a weekly practice question with answer-choice explanations and a short takeaway.