NO.PZ202212300200004202
问题如下：
At the first swap settlement date, Pike would most
likely:
选项：
A.
pay $36,000
B.
receive $67,500
C.
receive $103,500
解释：
Correct Answer: C
Portfolio decline
is –2% = $3.6 million * –2% = – $72,000
Swap Settlement
Pike would receive
the negative returns on the portfolio in addition to the fixed interest rate of
3.75% on a notional principal of $1.8 million.
Negative return on
50% of the portfolio = 0.5 * $3.6 million * 2% = $36,000. (Pike will receive
the negative performance on the portfolio.)
Fixed return of
3.75% on 50% of the portfolio = 0.5 * $3.6 million * 3.75% = $67,500. (Pike
will receive the fixed interest payment on the swap.)
Net payment on the
swap that Pike will receive = $36,000 + $67,500 = $103,500.
1.想问问这是哪个知识点。
2.为什么equity是付2%？
