标题: Reading 71: Option Markets and Contracts-LOS e 习题精选 [打印本页]
作者: 1215 时间: 2011-3-31 12:09 标题: [2011]Session17-Reading 71: Option Markets and Contracts-LOS e 习题精选
Session 17: Derivatives
Reading 71: Option Markets and Contracts
LOS e: Identify the types of options in terms of the underlying instruments.
Financial options include all of the following EXCEPT options on:
Options on futures are considered a separate type of options.
作者: 1215 时间: 2011-3-31 12:10
An option to buy Mexican pesos is:
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B) |
an exchange rate option. | |
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Options on foreign currencies are called currency options and cover a specific number of foreign currency units.
作者: 1215 时间: 2011-3-31 12:10
Which of the following statements regarding interest-rate options is least accurate?
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A) |
They are based on a fixed income security. | |
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B) |
Call option values move in the same direction as interest rates. | |
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C) |
They are based on a specific interest rate rather than a bond. | |
Treasury bond or bill options are options on fixed income securities. Interest rate options are based on a specific reference rate and interest rate calls have positive payoffs when the reference rate is above the rate specified in the contract.
作者: 1215 时间: 2011-3-31 12:10
An option is settled in cash, with nothing delivered. The long payoff is the difference between the security value and the strike price, multiplied by a contract multiplier. The option is a(n):
Options on stock indexes are only settled in cash and require a multiplier to determine the payoff. Futures options give the holder the right to buy or sell a futures contract, but require no multiplier. Commodity options give the holder the right to buy or sell physical goods.
作者: luqian55 时间: 2011-10-8 11:13
thanks a lot
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