What to know
Identify the rule, formula, or decision criterion before reading the answer choices. CFA Level I distractors often use the right vocabulary with the wrong condition.
Economics
Forward Points and Premium practice questions
Forward Points and Premium is part of CFA Level I Economics. Economics questions focus on microeconomics, macroeconomic policy, international trade, currency markets, and market structure logic. Use this page to review the controlling ideas, then work through 1 question with answer explanations and common traps.
Review the worked explanations before moving into adaptive practice. The app version can mix this topic with due reviews and weak related concepts.
Practice this topicHow to practice
Work each item under time pressure, then compare your reasoning with the step-by-step explanation and key takeaway.
Review signal
Missed questions should become scheduled reviews when the error comes from a concept gap, formula setup, or answer-choice trap.
Economics
Forward Points and Premium
Spot EUR/USD is 1.0940, and three-month forward points are +18.5 quoted in 1/10,000 USD per EUR. The forward rate and annualized EUR forward premium are closest to:
View sample