标题: Reading 68: Forward Markets and Contracts LOSa习题精选 [打印本页]
作者: honeycfa 时间: 2010-4-26 13:23 标题: [2010] Session 17 - Reading 68: Forward Markets and Contracts LOSa习题精选
LOS a: Explain delivery/settlement and default risk for both long and short positions in a forward contract.
Default risk in a forward contract:
|
A) |
only applies to the short, who must make the cash payment at settlement. | |
|
B) |
only applies to the long, and is the probability that the short can not acquire the asset for delivery. | |
|
C) |
is the risk to either party that the other party will not fulfill their contractual obligation. | |
Default risk in forward contracts is the risk to either party that the other party will not perform, whether that means pay cash or deliver the asset.
作者: honeycfa 时间: 2010-4-26 13:24
Default risk in a forward contract:
|
A) |
only applies to the short, who must make the cash payment at settlement. | |
|
B) |
only applies to the long, and is the probability that the short can not acquire the asset for delivery. | |
|
C) |
is the risk to either party that the other party will not fulfill their contractual obligation. | |
Default risk in forward contracts is the risk to either party that the other party will not perform, whether that means pay cash or deliver the asset.
作者: honeycfa 时间: 2010-4-26 13:24
Default risk in a forward contract:
|
A) |
only applies to the short, who must make the cash payment at settlement. | |
|
B) |
only applies to the long, and is the probability that the short can not acquire the asset for delivery. | |
|
C) |
is the risk to either party that the other party will not fulfill their contractual obligation. | |
Default risk in forward contracts is the risk to either party that the other party will not perform, whether that means pay cash or deliver the asset.
作者: honeycfa 时间: 2010-4-26 13:25
Which of the following statements about forward contracts is least accurate?
|
A) |
The long promises to purchase the asset. | |
|
B) |
A forward contract can be exercised at any time. | |
|
C) |
Both parties to a forward contract have potential default risk. | |
Forward contracts typically require a purchase/sale of the asset on the expiration/delivery date specified in the contract. The other statements are true.
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