Victorhuo
2020-08-05 14:4101.單選題 收藏 糾錯(cuò) According to Put-Call parity, writing a put is like: A Buying a call, buying stock, and lending. B Writing a call, buying stock, and borrowing. C Writing a call, buying stock, and lending. D Writing a call, selling stock, and borrowing. 這里用買(mǎi)賣(mài)權(quán)平價(jià)定理,call+pvk=put+stock,-put=stock-call-pvk,-pvk這里怎么區(qū)分borrow還是lend?,按照英文理解不是lend么?
所屬:FRM Part I 視頻位置 相關(guān)試題
來(lái)源: 視頻位置 相關(guān)試題
1個(gè)回答
Adam助教
2020-08-05 19:24
該回答已被題主采納
同學(xué)你好,
-pvk表示的是賣(mài)出債券。
也就是債券的空頭,是融資方(borrower):把錢(qián)借過(guò)來(lái),然后支付coupon與par,給到投資者(lender 借出錢(qián)的人)
