NO.PZ2022061307000021
问题如下:
Question Forward contracts are most likely to be attractive hedging vehicles to investors who:
选项:
A.do not want to make an upfront outlay of cash.
B.want to reserve the right to close out their position early.
C.are not in a position to investigate the creditworthiness of their counterparties.
解释:
SolutionA is correct. Most forward contracts do not require an upfront cash outlay. Other hedging vehicles, such as futures (which require margin accounts) and options (which must be purchased for a fee), do require upfront payments.
B is incorrect. Because forward contracts are custom agreements, it is difficult to find another party who is both willing to take over the contract obligations and acceptable to the existing counterparty. Futures would be more suitable in this circumstance because they can be closed out early.
C is incorrect. Forward contracts are custom agreements that depend on each counterparty’s knowledge of the creditworthiness of the other.
如题,可以详细解释一下三个选项码