Board logo

标题: [讨论]mock里的一道题 求助!!! [打印本页]

作者: shuilan1823    时间: 2009-11-29 23:47     标题: [讨论]mock里的一道题 求助!!!

92、A futures trader goes long one futures contract at $450. The settlement price 1 day before expiration is $500. On expiration day, the future is trading at $505. The least likely way the futures trader will lock in her profits on expiration is:
Select exactly 1 answer(s) from the following:
 A. take delivery of the underlying asset and pay $500 to the short.
 B. close out the futures position by selling the futures contract at $505.
 C. take delivery of the underlying asset and pay the expiration settlement price to the short.
D. cash settle the futures and receive the difference between $500 and the expiration settlement price.
 
 
 答案是C 请哪位大牛给解释下A和B是什么意思 为什么可行?






欢迎光临 CFA论坛 (http://forum.theanalystspace.com/) Powered by Discuz! 7.2