NO.PZ202106160100000101
问题如下:
Using the quotes in Exhibit 1, the amount received by Goldsworthy from converting JPY 225,000,000 will be closest to:
选项:
A.GBP 1,734,906
GBP 1,735,174
GBP 1,735,442
解释:
A is correct.
Goldsworthy has been given a bid–offer spread. Because she is buying the base currency—in this case, GBP—she must pay the offer price of JPY 129.69 per GBP.
考点: Spot rates and forward rates以及bid-offer spread
解析: 题目中说投资者要买GBP,那么就应该使用DEALER关于GBP的卖价做加交易。所以可得
The difference, or spread, between the yields on the country’s three-year default-free nominal bond and on the default-free real zero-coupon bond is 2.0%. This spread is known as the break-even rate of inflation (BEI), which is composed of the expected rate of inflation plus a risk premium for the uncertainty of future inflation. Because this risk premium component is most likely positive, because investors are unlikely to be very confident in their ability to predict inflation accurately, the expected rate of inflation component would be less than 2.0%.
这答题从哪里看出是投资者对未来预期通货膨胀无信心,是recession吗