可以再详细讲一下收到和支付吗

NO.PZ2017121101000006 问题如下 The CIO of a Canaprivate equity company wants to loin the interest on a three-month “brie” lohis firm will take out in six months to complete Lal. He sells the relevant interest rate futures contracts 98.05. In six-months’ time, he initiates the lo2.70% anunwin the hee 97.30. The effective interest rate on the lois: A.0.75%. B.1.95%. C.2.70%. B is correct. The CIO sells the relevant interest rate future contracts 98.05, locking in a forwarrate of 1.95% (= 100 – 98.05). After six months, the CIO initiates the brie loa rate of 2.70%, but he unwin the hee the lower futures priof 97.30, thus gaining 75 bps (= 98.05 – 97.30). The effective interest rate on the lois 1.95% (= 2.70% – 0.75%). 中文解析一个CIO一开始签订了一个期货合约，锁定了借款利率是1.95%（100-98.05），后来他又通过签订另一个期货合约锁定了自己将钱借出去时的利率是2.7%（100-97.3），于是在这一对期货合约上，他收益是2.7%-1.95%=75bps.到了六个月的时候，这个人是在市场上以2.7%的利率借的钱（he initiates the lo2.7%）,所以期货头寸赚了75bps,借钱付出2.7%，等效借款利率就是1.95%了。 整体的收益是一开始sell futures要付的1.95%-借钱的利率2.7%+unwin能收的2.7%，如果任何一项变了就是按这个公式算是吗

NO.PZ2017121101000006 问题如下 The CIO of a Canaprivate equity company wants to loin the interest on a three-month “brie” lohis firm will take out in six months to complete Lal. He sells the relevant interest rate futures contracts 98.05. In six-months’ time, he initiates the lo2.70% anunwin the hee 97.30. The effective interest rate on the lois: A.0.75%. B.1.95%. C.2.70%. B is correct. The CIO sells the relevant interest rate future contracts 98.05, locking in a forwarrate of 1.95% (= 100 – 98.05). After six months, the CIO initiates the brie loa rate of 2.70%, but he unwin the hee the lower futures priof 97.30, thus gaining 75 bps (= 98.05 – 97.30). The effective interest rate on the lois 1.95% (= 2.70% – 0.75%). 中文解析一个CIO一开始签订了一个期货合约，锁定了借款利率是1.95%（100-98.05），后来他又通过签订另一个期货合约锁定了自己将钱借出去时的利率是2.7%（100-97.3），于是在这一对期货合约上，他收益是2.7%-1.95%=75bps.到了六个月的时候，这个人是在市场上以2.7%的利率借的钱（he initiates the lo2.7%）,所以期货头寸赚了75bps,借钱付出2.7%，等效借款利率就是1.95%了。 请问这道题目的等效借款利率1.95%和一开始签订的1.95%借款利率金额相等是不是只是巧合？如果题目条件改成，一开始锁定了1.6%的借款利率，6个月的时候用市场上2.8%的实际利率去借款，那么他的等效借款利率是不是应该等于2.8 - (2.8-1.6) = 1.4%啊？

NO.PZ2017121101000006问题如下 The CIO of a Canaprivate equity company wants to loin the interest on a three-month “brie” lohis firm will take out in six months to complete Lal. He sells the relevant interest rate futures contracts 98.05. In six-months’ time, he initiates the lo2.70% anunwin the hee 97.30. The effective interest rate on the lois: A.0.75%. B.1.95%. C.2.70%. B is correct. The CIO sells the relevant interest rate future contracts 98.05, locking in a forwarrate of 1.95% (= 100 – 98.05). After six months, the CIO initiates the brie loa rate of 2.70%, but he unwin the hee the lower futures priof 97.30, thus gaining 75 bps (= 98.05 – 97.30). The effective interest rate on the lois 1.95% (= 2.70% – 0.75%). 中文解析一个CIO一开始签订了一个期货合约，锁定了借款利率是1.95%（100-98.05），后来他又通过签订另一个期货合约锁定了自己将钱借出去时的利率是2.7%（100-97.3），于是在这一对期货合约上，他收益是2.7%-1.95%=75bps.到了六个月的时候，这个人是在市场上以2.7%的利率借的钱（he initiates the lo2.7%）,所以期货头寸赚了75bps,借钱付出2.7%，等效借款利率就是1.95%了。 看了之前的答案还是不懂1、能画一下现货市场和期货市场的收支的图示吗？对借进和借出没太看懂。2、明明可以用1.95%来借钱，为啥要用2.7%再去借呢？3、最后一句等效成借款利率1.95%这句话也没看懂。

NO.PZ2017121101000006 问题如下 The CIO of a Canaprivate equity company wants to loin the interest on a three-month “brie” lohis firm will take out in six months to complete Lal. He sells the relevant interest rate futures contracts 98.05. In six-months’ time, he initiates the lo2.70% anunwin the hee 97.30. The effective interest rate on the lois: A.0.75%. B.1.95%. C.2.70%. B is correct. The CIO sells the relevant interest rate future contracts 98.05, locking in a forwarrate of 1.95% (= 100 – 98.05). After six months, the CIO initiates the brie loa rate of 2.70%, but he unwin the hee the lower futures priof 97.30, thus gaining 75 bps (= 98.05 – 97.30). The effective interest rate on the lois 1.95% (= 2.70% – 0.75%). 中文解析一个CIO一开始签订了一个期货合约，锁定了借款利率是1.95%（100-98.05），后来他又通过签订另一个期货合约锁定了自己将钱借出去时的利率是2.7%（100-97.3），于是在这一对期货合约上，他收益是2.7%-1.95%=75bps.到了六个月的时候，这个人是在市场上以2.7%的利率借的钱（he initiates the lo2.7%）,所以期货头寸赚了75bps,借钱付出2.7%，等效借款利率就是1.95%了。 怎么理解？

NO.PZ2017121101000006问题如下 The CIO of a Canaprivate equity company wants to loin the interest on a three-month “brie” lohis firm will take out in six months to complete Lal. He sells the relevant interest rate futures contracts 98.05. In six-months’ time, he initiates the lo2.70% anunwin the hee 97.30. The effective interest rate on the lois: A.0.75%. B.1.95%. C.2.70%. B is correct. The CIO sells the relevant interest rate future contracts 98.05, locking in a forwarrate of 1.95% (= 100 – 98.05). After six months, the CIO initiates the brie loa rate of 2.70%, but he unwin the hee the lower futures priof 97.30, thus gaining 75 bps (= 98.05 – 97.30). The effective interest rate on the lois 1.95% (= 2.70% – 0.75%). 中文解析一个CIO一开始签订了一个期货合约，锁定了借款利率是1.95%（100-98.05），后来他又通过签订另一个期货合约锁定了自己将钱借出去时的利率是2.7%（100-97.3），于是在这一对期货合约上，他收益是2.7%-1.95%=75bps.到了六个月的时候，这个人是在市场上以2.7%的利率借的钱（he initiates the lo2.7%）,所以期货头寸赚了75bps,借钱付出2.7%，等效借款利率就是1.95%了。 不太明白2.7是期货收到的头寸，为什么是收到的