Скачать с ютуб Foreign Exchange Markets (FRM Part 1 2023 – Book 3 – Chapter 9) в хорошем качестве

Foreign Exchange Markets (FRM Part 1 2023 – Book 3 – Chapter 9)

For FRM (Part I & Part II) video lessons, study notes, question banks, mock exams, and formula sheets covering all chapters of the FRM syllabus, click on the following link: https://analystprep.com/shop/unlimite... AnalystPrep is a GARP-Approved Exam Preparation Provider for FRM Exams After completing this reading, you should be able to: - Explain ad describe the mechanics of spot quotes, forward quotes and future quotes in the foreign exchange market and distinguish between the bid and ask exchange rates - Calculate bid-ask spread and explain why bid-ask spread for spot quotes may be different from the bid-ask spread for the forward quotes - Compare outright (forward) and swap transactions - Define, compare and contrast transaction risk, translation risk and economic risk - Describe the examples of the transaction, translation, and economic risk and explain how to hedge these risks. - Describe the rationale for multi-currency hedging using options - Identify and explain the factors that determine the exchange rates - Calculate and explain the effect of an appreciation/depreciation of a currency of a currency relative to a foreign currency, - Explain the purchasing power parity theorem and use this theorem to calculate the appreciation or depreciation of a foreign currency - Explain how no-arbitrage assumption in the foreign exchange markets leads to the interest rate parity theorem and use this theorem to calculate forward foreign exchange rates. - Distinguish between covered and uncovered interest rate parity conditions.