What Is the Value Date of a 6-Month Outright Forward

question 43

Multiple Choice

What is the value date of a 6-month outright forward FX transaction dealt today, if todays spot date is Monday, 30 th June? Assume there are no bank holidays.

• A) 27th December
• B) 30th December
• C) 31st December
• D) 1st January

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Definitions:

Episodic Memory

The ability to remember specific events or episodes from one's life, including the contexts and emotions associated with them.

Mnemonic Devices

Tools or strategies used to improve memory through the use of patterns, rhymes, acronyms, or visual aids.

Visual Imagery

The mental visualization of scenes or images, a cognitive process used in memory, creativity, and problem-solving.

Verbal Cues

Nonverbal signals, such as tone, pace, and volume of speech, that are used in communication to convey meaning or emphasize a message.