|
- UID
- 222312
- 帖子
- 415
- 主题
- 5
- 注册时间
- 2011-7-2
- 最后登录
- 2015-12-9
|
| not sure if this will help but the way i look at it is that the lease rate is a benefit to whoever is holding the commodity. in that case the seller of the forward is willing to accept a lower price on the conract as he gets to hold the commodity until expiratio of the forward. by reducing the exponent by the lease rate you are reducing the forward price to reflect the beefit received by the holder of the commodity/seller of the forward |
|
发表于 2011-7-11 19:52
|