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Future perfect tense - function

The future perfect tense is used to refer to an event that will have happened before another future event.

Bis Ende dieser Woche wird er sein Examen bestanden haben.
By the end of this week, he will have passed his exam.

With the adverbs wohl or schon, it refers to a probable event in the past.

Er wird sein Examen schon bestanden haben.
He probably has already passed his exam.