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CFAI Reading 39, Q21 - credit risk on forwards
Is it just me or does this question not actually have appropriate info.
It says a forward to buy pounds is struck at 1.45 with a counterparty. Current exchange rate is 1.4 - who has credit risk.
I don’t think there is actually enough info to answer this question - we need to forward price (or both currencies’ domestic RFR to calc to forward price) to see who is in the money. |
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发表于 2013-4-2 12:17
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