问题如下:
The interest rate in XXX is 1% and in YYY 4%. The XXXYYY spot rate is 1.3000. How would three-month forward rate be quoted using points?
选项:
解释:
The forward rate is
The forward rate would be quoted as 95.
之前看李老师视频,xxxyyy就是XXX/YYY,分母应该是YYY,怎么感觉答案除反了