NO.PZ2023040401000044
问题如下：
Assume an asset pays no dividends or interest, and also assume that the asset does not yield any non-financial benefits or incur any carrying cost. At initiation, the price of a forward contract on that asset is:
选项：
A.lower than the value of the contract.
equal to the value of the contract.
greater than the value of the contract.
解释：
C is correct. The price of a forward contract is a contractually fixed price, established at initiation, at which the underlying will be purchased (or sold) at expiration. The value of a forward contract at initiation is zero; therefore, the forward price is greater than the value of the forward contract at initiation.
如题
