|
- UID
- 223463
- 帖子
- 346
- 主题
- 15
- 注册时间
- 2011-7-11
- 最后登录
- 2013-8-23
|
he is expecting 50 Mill $ delivery in 6 months.
Current Spot = 1.1930 USD/EUR - Euro amount = 50 / 1.1930 = 41.911 Mill Eur.
Now if Euro depreciated - he will lose on the amount of USD he gets back. He buys a 50M USD Forward contract . he is thus guaranteed the forward rate of 1.2030 – which translates to the 2.13% 6 month rate.
1.1930 * (1 + .0377*.5) / (1+0.0213*0.5) = 1.2026 – 1.2030 approx. |
|
发表于 2013-4-22 06:05
|