NO.PZ2024042601000076
问题如下:
Sacks Bank has many open derivative positions with Lake Investments. A description and current market values are displayed in the table below:
In the event that Lake defaults, what would be the loss to Sacks if netting is used?
选项:
A.
USD 5 million
B.
USD 10 million
C.
USD 25 million
D.
USD 35 million
解释:
Netting means that the payments between the two counterparties are netted out, so that only a net payment has to be made. With netting, Sacks is not required to make the payout of 25 million. Hence the loss will be reduced to: 35 million -25 million = 10 million
怎么理解哪个值是损失哪个值是收益 表格的-25不应该是损失的意思吗