开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)｜3.2.5(安卓)APP下载

返回

Weike · 2024年03月14日

增长的49点怎么看是欧元还是美元

  1. CFA I
  2. Economics Analysis

NO.PZ2023071902000004

问题如下：

Question

Based on the FX data provided in the table, which statement is most accurate?

选项：

A.The forward rate is trading at a discount to the spot rate by 0.0049 points.

B.The euro has a forward premium of 49 points..

C.The US dollar has a forward premium of 49 points.

解释：

Solution
  1. Correct. Forward premium = Forward rate – Spot rate = 1.3019 – 1.2970 = 0.0049. To convert this to points, multiply by 10,000 (considering four decimal places) = 10,000 × 0.0049 = 49 points. As the forward rate is higher than the spot rate for the base currency (euro), it implies that the euro is trading at a forward premium of 49 points.


Exchange Rate Calculations

• explain the arbitrage relationship between spot and forward exchange rates and interest rates, calculate a forward rate using points or in percentage terms, and interpret a forward discount or premium

USD/EUR forward premium是49是算到欧元上还是美元上

添加评论
1 个答案

笛子_品职助教 · 2024年03月15日

嗨，从没放弃的小努力你好：


USD/EUR forward premium是49是算到欧元上还是美元上

Hello，亲爱的同学~

这里需要首先掌握一个知识点：汇率的表达形式。

对于A/B这种汇率表达形式，/前的A是指price currency，/后的B是指base currency。

汇率数字的波动，与base currency的升跌一致。


在掌握以上知识点的基础上 ，我们再看同学的问题：“USD/EUR forward premium是49是算到欧元上还是美元上”

由于在USD/EUR里，EUR在/后，为base currency，而汇率数字的升跌反应的是base currency的升跌，因此，要算到欧元上。

----------------------------------------------
虽然现在很辛苦，但努力过的感觉真的很好，加油！

  • 1

    回答

  • 0

    关注

  • 162

    浏览
相关问题

NO.PZ2023071902000004问题如下 Question Baseon the FX ta proviin the table, whistatement is most accurate? A.The forwarrate is trang a scount to the spot rate 0.0049 points.B.The euro ha forwarpremium of 49 points.C.The US llha forwarpremium of 49 points. Solution Forwarpremium = Forwarrate – Spot rate = 1.3019 – 1.2970 = 0.0049. To convert this to points, multiply 10,000 (consiring four cimplaces) = 10,000 × 0.0049 = 49 points. the forwarrate is higher ththe spot rate for the base curren(euro), it implies ththe euro is trang a forwarpremium of 49 points.Exchange Rate Calculations• explain the arbitrage relationship between spot anforwarexchange rates aninterest rates, calculate a forwarrate using points or in percentage terms, aninterpret a forwarscount or premium 远期溢价=远期汇率-即期汇率= 1.3019 - 1.2970 = 0.0049。要将其转换为POINT，就乘以10,000(考虑到小数点后四位)= 10,000 × 0.0049 = 49个点。由于基准货币(欧元)的远期汇率高于即期汇率，这意味着欧元的远期溢价为49个点。 请问A是不是说反了？应该是premium 而非scount？

2024-08-25 11:37 1 · 回答

NO.PZ2023071902000004问题如下 Question Baseon the FX ta proviin the table, whistatement is most accurate? A.The forwarrate is trang a scount to the spot rate 0.0049 points.B.The euro ha forwarpremium of 49 points.C.The US llha forwarpremium of 49 points. Solution Forwarpremium = Forwarrate – Spot rate = 1.3019 – 1.2970 = 0.0049. To convert this to points, multiply 10,000 (consiring four cimplaces) = 10,000 × 0.0049 = 49 points. the forwarrate is higher ththe spot rate for the base curren(euro), it implies ththe euro is trang a forwarpremium of 49 points.Exchange Rate Calculations• explain the arbitrage relationship between spot anforwarexchange rates aninterest rates, calculate a forwarrate using points or in percentage terms, aninterpret a forwarscount or premium 远期溢价=远期汇率-即期汇率= 1.3019 - 1.2970 = 0.0049。要将其转换为POINT，就乘以10,000(考虑到小数点后四位)= 10,000 × 0.0049 = 49个点。由于基准货币(欧元)的远期汇率高于即期汇率，这意味着欧元的远期溢价为49个点。 欧元不是升了49点吗

2024-06-13 12:38 1 · 回答