NO.PZ2021061002000057
问题如下：
Monte is an American capital goods producer that manufactures products domestically and supplies products to customers around the world. Recently, the company signed a commercial contract with a British company. The contract stipulates that the company will deliver goods to the company in three months and will receive payment in sterling at that time.
To hedge Monte’s financial risk under the
commercial transaction, Which of the following types of derivative and
underlyings should be selected?
选项：
A.
Monte should consider a contingent claim
derivative with the price of the goods as its underlying.
B.
Monte should consider a firm commitment
derivative with currency as an underlying, specifically the sale of USD at a
fixed GBP price.
C.
Monte should consider a firm commitment derivative
with currency as an underlying, specifically the sale of GBP at a fixed USD
price.
解释：
中文解析
该公司面临的主要风险是3个月后英镑换回美元的汇率风险。因此如果要使用衍生品合约对冲该风险，只需要保证该合约能够锁定3个月后英镑转成美元的汇率即可，可见衍生品的标的是汇率。
该公司是一家美国的公司，卖出产品收到英镑，但最终是要将英镑转成美元的。所以锁定的应该是按照固定的美元卖出英镑的汇率，C正确。
如果A选项也加上锁定英镑的卖出价格，可以选吗
