新用戶掃碼下載
掃碼下載APP
及時接收最新考試資訊及
備考信息
"Derivative"exercise:Forward contract
學習是一個不斷積累的過程，每天學習一點，每天進步一點！為了幫助大家更高效地備考2021年CFA考試，正保會計網校每日為大家上新CFA習題供大家練習。讓網校與您一起高效備考2021年CFA考試，夢想成真！
Questions 1:
The price of a forward contract most likely:
A 、decreases as the price of the underlying goes up.
B、 is constant and set as part of the contract specifications.
C 、increases as market risk increases.
Questions 2:
Which of the following statements best describes changes in the value of a long forward position during its life?
A、 As the time to maturity goes down, the value of the position goes up.
B 、As the price of the underlying goes up, the value of the position goes up.
C、 As interest rates go down, the value of the position goes up.
View answer resolution
【Answer to question 1】B
【analysis】
B is correct. The price of a forward contract remains constant throughout the life of the contract. It is set as part of the contract specifications.
A is incorrect. The price of a forward contract is not affected by market conditions. It is set as part of the contract specifications.
C is incorrect. The price of a forward contract is not affected by market conditions. It is set as part of the contract specifications.
【Answer to question 2】B
【analysis】
B is correct. Given the formula for the value of a forward contract:
it follows that the value of the contract goes up as the price of the underlying goes up.
A is incorrect. As the time to maturity goes down, the value of the contract goes down.
C is incorrect. As interest rates go down, the value of the contract goes down.
成功=時間+方法，自制力是這個等式的保障。世上無天才，高手都是來自刻苦的練習。而人們經常只看到“牛人”閃耀的成績，其成績背后無比寂寞的勤奮。小編相信，每天都在勤奮練習，即使是一點點的進步，大家一定可以成為人人稱贊的“牛人”。更多CFA考試資訊，點擊了解>
學員討論（0）
推薦閱讀
新用戶掃碼下載
京公網安備 11010802044457號
