NO.PZ2018062007000025
问题如下:
If the costs of holding the asset exceed benefits, then the asset's forward price is most likely:
选项:
A.
higher than if benefits exceed costs.
B.
the same as if benefits exceed costs.
C.
lower than if benefits exceed costs.
解释:
A is correct.
According to , the forward price will increase due to any costs and decrease due to any benefits. Therefore, if costs exceed benefits, the forward price will be higher than if benefits exceed costs.
期货价格应在现货价格基础上剔除benefit的影响,并且加回cost的影响,本题说cost大于benefit,所以期货价格会更高。
能翻译一下三个答案吗?