NO.PZ2018113001000011
问题如下:
A manager determines that the current level of excess cash is $15 million. He decides to purchase futures contracts to replicate the return on target stock .
He wants to invest $15 million in stock at an average beta of 1.20 . An appropriate stock futures contract is priced at $200,000 and has a beta of 1.05. The number of stock futures contracts are:
选项:
A.buy 86 stock futures contracts
B.buy 85 stock futures contracts
C.buy 87 stock futures contracts
解释:
A is correct.
解析:
需要的股票期货合约=
因此需要买入86份股票合约。
老师能不能总结一下什么时候四舍五入,什么时候取整