问题如下:
ABC is a China-based company. It will receive €100,000 in one month. The company wants to hedge the exchange risk, so it plans to use a forward contract that is priced at 8.0 RMB/€. Which of following statements is most likely correct?
选项:
A.ABC will take a short forward position and pay¥800,000
B.ABC will take a long forward position and receive¥800,000
C.ABC will take a short forward position and receive¥800,000
解释:
C is correct.
考点:Foreign Currency Risk
解析:
因为该公司未来将收到100,000欧元,担心欧元下降,所以应该卖欧元。这份合约中欧元是base currency,所以 short forward. 到期时支付100,000欧元,收到100,000×8=800,000人民币。
对于本国公司来说,如果到期时收到外币,意味着要支付本币不是吗?为什么不选A?