用这个公式算可以吗，RDC=(1+RFC)(1+RFX)-1

* 问题详情，请查看题干

NO.PZ202312250100001001

问题如下：

Calculate the total return for Strategy 1.

选项：

解释：

Strategy 3 yields the highest return. The carry trade is implemented by borrowing in low-yield currencies and investing in high-yield currencies. In this case, borrow in USD and invest in emerging market currencies.

Carry Trade Return = Return in Emerging Markets – Return in USD (borrowing rate 5.25%)

One Year Exchange Rate Return = [(Forward Rate – Spot Rate) / Spot Rate] × 100%

USD appreciated in the INR/USD and MXN/USD pair, whereas USD depreciated in the TRY/USD currency pair.

Example: Borrow $10,000 in USD and invest in each of these emerging countries.

RDC=(1+RFC)(1+RFX)-1 ，如题

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1 个答案

李坏_品职助教 · 2025年03月25日

嗨，爱思考的PZer你好：

可以，Rdc = (1+Rfc)(1+Rfx) - 1 = (1+9.5% )*(1-(85.65-83.36)/83.36) - 1 = 6.49%.

所以1万美金能够带来的毛利润是10000 * 0.0649 = 649美元。但是支付的利息是10000*5.25% = 525美元，所以最后净利润是649-525=124美元。

和上面的结果略有一点差异，影响不大。

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虽然现在很辛苦，但努力过的感觉真的很好，加油！

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2025-03-24 13:58 2 · 回答