CFA一級(jí)衍生品在2021年CFA考試中占比是5%-8%,備考沖刺階段做的更多的是考題,那你這一科目的考題做的怎么樣呢?小斌給你說(shuō)說(shuō)!
For the price of a futures contract to be greater than the price of an otherwise equivalent forward contract, interest rates must be:
A uncorrelated with futures prices.
B positively correlated with futures prices.
C negatively correlated with futures prices.
這道考題你能不能看懂呢?畢竟是全英文的,其中的核心詞匯
是Contract price:合約價(jià)格,你知道這是什么意思呢?小編給你說(shuō)是指在遠(yuǎn)期或期貨合約中標(biāo)明的交易價(jià)格。
在CFA考試中是有很多的詞匯要了解的,要知道的,這邊有CFA詞匯書籍有需要可以在線咨詢我們老師!
小編給你說(shuō)這道考題的答案一級(jí)解析,看看你是不是這樣理解呢?
B If interest rates are positively correlated with futures prices, interest earned on cash from daily settlement gains on futures contracts will be greater than the opportunity cost of interest on daily settlement losses, and a futures contract will be have a higher price than an otherwise equivalent forward contract that does not feature daily settlement.