NO.PZ2018062007000059
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.
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.
能稍微再解释下C选项嘛 之前的解析有点看不懂 谢谢