NO.PZ2020012005000035
问题如下:
Why is it not possible to calculate the futures price for a commodity such as copper in the same way as a futures price for a financial asset?
选项:
解释:
Copper is not an investment asset. Individuals and companies that own copper plan to use it in some way. That is, they need to have copper in inventory and are not prepared to sell copper and buy it back in the futures market when futures prices are relatively low compared to the spot prices.
题目的意思是问为什么大宗商品不能用和金融资产一样的方法定价,对吗?
课上对大宗商品定价主要分持有或出租,无论以那种角度,我们的定价原理都是一样的,都是F0=S0+cost-income.
那这道题考点是什么呢?