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CFA Level IIFormula Sheet 2 – Economics
http://www.cpa-cfa.orgEconomics
Cross FX rate =
Cross Bid =
Cross Ask =
Fwd rate bid = Fwd rate ask =
Fwd Prem/Disc =
Triangular Arbitrage:
Absolute PPP E(Spot1) =
Relative PPP E(Spot1) =
Exact Int'l Fischer =
Approximate Int'l Fischer =
Uncovered interest rate parity = E(Spot1) =
Uncovered interest rate parity = % Change in Spot =
BOP:
1
