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Basic Question 7 of 12
The price for South Africa rand is $0.1945-67. What is the percent spread for this currency?
B. 1.12%
C. 1.13%
A. 0.99%
B. 1.12%
C. 1.13%
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
describe the foreign exchange market, including its functions and participants, distinguish between nominal and real exchange rates, and calculate and interpret the percentage change in a currency relative to another currency
CFA® 2025 Level I Curriculum, Volume 1, Module 7.