NO.PZ2020012005000015
问题如下:
Explain the argument used for calculating the value of a forward contract.
选项:
解释:
The forward contract is compared to a forward contract with the same maturity that would be entered into today. The present value of the difference between their payoffs can be calculated. We know that the value of a forward contract that would be entered into today is zero and can therefore deduce the value of the other forward contract.
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