If EUR/USD is 1.3025-28 and the 6-month swap is 15.50/17, what is the 6-month outright price?
A) 1.3042-1.30435
B) 1.30405-1.3045
C) 1.30095-1.3011
D) 1.4575- 1.4728

Question

Quizplus · Accepted Answer

To calculate the outright price, we need to add the swap points to the spot rate. In this case, the bid swap point is 15.50, so we add it to the bid spot rate of 1.3025 to get 1.30405. The offer swap point is 17, so we add it to the offer spot rate of 1.3028 to get 1.3045. Therefore, the 6-month outright price is 1.30405-1.3045.

If EUR/USD Is 1