这个和随堂第一道题一模一样，但是这个答案乘以10000随堂第一道答案乘以100。助教仔细看下两道题再解答，谢谢。
问题如下图：
选项：
A. 
B. 
C. 
解释：
NO.PZ2018062003000213 问题如下 A researreport procea aler inclus the followings tas. The USGspot exchange rate is 0.8465, the 90y Libor rates for the USanthe Gare 1.065% an1.620%. Whiof the following options is the most accurate of the 90-y forwarpoints(the interest rates are on a basis of a 360-y year) in USG? A.–8.9. B.–12. C.12. B is correct.FUSGBP=S(USGBP)(1+iUS/(1+iGBP)=0.8465[(1+0.01065(90/360)]/[1+0.01620(90/360)]=0.8465*0.9986=0.8453The forwarpoints are 10000 × (F – S) = 10000 × (0.8453 – 0.8465) = 10000 × (–0.0012) = –12.考点ForwarPremium anscount解析第一步，先算得远期汇率水平0.8453F = 0.8465[(1+0.01065(90/360)]/[1+0.01620(90/360)]=0.8465*0.9986=0.8453第二步，计算forwarpoints 10000 × (F – S) = 10000 × (0.8453 – 0.8465) = 10000 × (–0.0012) = –12. 可否理解为持有期为90天的拆借利率，即年利率已经*90/360，不必再算？
NO.PZ2018062003000213 问题如下 A researreport procea aler inclus the followings tas. The USGspot exchange rate is 0.8465, the 90y Libor rates for the USanthe Gare 1.065% an1.620%. Whiof the following options is the most accurate of the 90-y forwarpoints(the interest rates are on a basis of a 360-y year) in USG? A.–8.9. B.–12. C.12. B is correct.FUSGBP=S(USGBP)(1+iUS/(1+iGBP)=0.8465[(1+0.01065(90/360)]/[1+0.01620(90/360)]=0.8465*0.9986=0.8453The forwarpoints are 10000 × (F – S) = 10000 × (0.8453 – 0.8465) = 10000 × (–0.0012) = –12.考点ForwarPremium anscount解析第一步，先算得远期汇率水平0.8453F = 0.8465[(1+0.01065(90/360)]/[1+0.01620(90/360)]=0.8465*0.9986=0.8453第二步，计算forwarpoints 10000 × (F – S) = 10000 × (0.8453 – 0.8465) = 10000 × (–0.0012) = –12. 如题
NO.PZ2018062003000213问题如下A researreport procea aler inclus the followings tas. The USGspot exchange rate is 0.8465, the 90y Libor rates for the USanthe Gare 1.065% an1.620%. Whiof the following options is the most accurate of the 90-y forwarpoints(the interest rates are on a basis of a 360-y year) in USG?A.–8.9.B.–12.C.12. B is correct.FUSGBP=S(USGBP)(1+iUS/(1+iGBP)=0.8465[(1+0.01065(90/360)]/[1+0.01620(90/360)]=0.8465*0.9986=0.8453The forwarpoints are 10000 × (F – S) = 10000 × (0.8453 – 0.8465) = 10000 × (–0.0012) = –12.考点ForwarPremium anscount解析第一步，先算得远期汇率水平0.8453F = 0.8465[(1+0.01065(90/360)]/[1+0.01620(90/360)]=0.8465*0.9986=0.8453第二步，计算forwarpoints 10000 × (F – S) = 10000 × (0.8453 – 0.8465) = 10000 × (–0.0012) = –12. 请问这个forwarpoints如何理解？
NO.PZ2018062003000213 问题如下 A researreport procea aler inclus the followings tas. The USGspot exchange rate is 0.8465, the 90y Libor rates for the USanthe Gare 1.065% an1.620%. Whiof the following options is the most accurate of the 90-y forwarpoints(the interest rates are on a basis of a 360-y year) in USG? A.–8.9. B.–12. C.12. B is correct.FUSGBP=S(USGBP)(1+iUS/(1+iGBP)=0.8465[(1+0.01065(90/360)]/[1+0.01620(90/360)]=0.8465*0.9986=0.8453The forwarpoints are 10000 × (F – S) = 10000 × (0.8453 – 0.8465) = 10000 × (–0.0012) = –12.考点ForwarPremium anscount解析第一步，先算得远期汇率水平0.8453F = 0.8465[(1+0.01065(90/360)]/[1+0.01620(90/360)]=0.8465*0.9986=0.8453第二步，计算forwarpoints 10000 × (F – S) = 10000 × (0.8453 – 0.8465) = 10000 × (–0.0012) = –12. 先算得远期汇率水平F = 0.8465[(1+0.01065(90/360)]/[1+0.01620(90/360)]=0.8465*0.9986=0.8453解析里面是这样算的，请问为啥不是（1+0.01065）*(90/360)呢
NO.PZ2018062003000213 问题如下 A researreport procea aler inclus the followings tas. The USGspot exchange rate is 0.8465, the 90y Libor rates for the USanthe Gare 1.065% an1.620%. Whiof the following options is the most accurate of the 90-y forwarpoints(the interest rates are on a basis of a 360-y year) in USG? A.–8.9. B.–12. C.12. B is correct.FUSGBP=S(USGBP)(1+iUS/(1+iGBP)=0.8465[(1+0.01065(90/360)]/[1+0.01620(90/360)]=0.8465*0.9986=0.8453The forwarpoints are 10000 × (F – S) = 10000 × (0.8453 – 0.8465) = 10000 × (–0.0012) = –12.考点ForwarPremium anscount解析第一步，先算得远期汇率水平0.8453F = 0.8465[(1+0.01065(90/360)]/[1+0.01620(90/360)]=0.8465*0.9986=0.8453第二步，计算forwarpoints 10000 × (F – S) = 10000 × (0.8453 – 0.8465) = 10000 × (–0.0012) = –12. 关于FORWARPOINT是不是题目中给定了F或者S来确定FORWARPOINT 到底是乘以100还是10000比如给定F是0.8765那算出来的差额就是乘以10000比如给定F是87.65那就乘以100?
