LIWEIWEI
2019-03-30 08:20JPY/AUD spot rate (mid-market) 79.25 One-year forward points (mid-market) –301.9 One-year Australian deposit rate 5.00% One-year Japanese deposit rate 1.00% If the asset manager completely hedged the currency risk associated with a one-year Japanese deposit using a forward rate contract, the one-year all-in holding return, in AUD, would be closest to:5% 為什么 fully hedge=no arbitrage opportunity? 如果是uip HOLD, no arbitrage opportunity意味著什么呢?
所屬:CFA Level II > Economics 視頻位置 相關(guān)試題
來源: 視頻位置 相關(guān)試題
1個回答
Sophie助教
2019-04-01 16:48
該回答已被題主采納
同學(xué)你好,用forward headge屬于covered interest rate parity, 就是本幣在國內(nèi)的投資收益與外幣在國外的投資收益是一樣的,所以對于AUD來說就是5%。
