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.
老师问下 这个C选项不应该是实物交割吗 cash交割不是没有实物的吗