问题如下:
Which of the following statements regarding the settlement of forward contracts is correct?
选项:
A.Contract settlement by cash has different economic effects from those of a settlement by delivery.
B.Non- deliverable forwards and contracts for differences have distinct settlement procedures.
C. At cash settlement, when the long party acquires the asset in the market, it effectively pays the forward price.
解释:
C is correct. In the case of cash settlement, the long can acquire the asset, effectively paying the forward price, F0(T). A is incorrect because forward contracts settled by cash or by delivery have the same economic effect.
B is incorrect because both non- deliverable forwards and contracts for differences can settle by an exchange of cash.
老师 这道题目考察什么知识点,三个选项能不能都解释一下,辛苦了。