NO.PZ2023040401000062
问题如下:
Which of the following statements is least accurate concerning differences in the pricing of forwards and futures?
选项:
A.Differences in the pattern of cash flows of forwards and futures can explain pricing differences.
Pricing differences can arise if futures prices and interest rates are uncorrelated.
Interest rate volatility can explain pricing differences
解释:
If futures prices and interest rates are uncorrelated, the prices of forwards and futures will be identical.
RT