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- UID
- 223415
- 帖子
- 346
- 主题
- 18
- 注册时间
- 2011-7-11
- 最后登录
- 2014-7-31
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If the expected spot rate in the future keeps pace exactly with Interest rate differential , there is no premium over the forward rate , so no need to adjust the discount rate further.
If the expectation is different than the forward rate , a premium needs to be calculated to calcualte a sensitivity of the discount rate to the currency rate change |
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发表于 2011-7-13 16:30
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