NO.PZ2021061002000006
问题如下:
Which of the following statements about the payoff of forward contract is
most correct?
选项:
A. The forward contract buyer hopes the price will
increase.
B. The payoff of owning underlying asset is equal to the payoff of owning a forward contract.
C. The seller will have more profit when the underlying
is increasing.
解释:
A is correct.
forward合约是一种场外衍生品合约,双方同意其中一方(买方)在合约到期日,以合约约定的价格,从另一方(卖方)处购买标的资产。因此,买方将受益于价格的上涨,卖方将受益于价格的下降。A对,C错。
持有标的资产,收益=ST -S0; 而远期合约的多头,收益=ST -FT。二者并不相同,B错。
可以解释一下b选项在说啥吗为什么不选呢