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Assume you own a security with a 2-year ...

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题目

Assume you own a security with a 2-year key rate exposure of $4.78, and you would like to hedge your position with a security that has a corresponding 2-year key rate exposure of 0.67 per $100 of face value. What amount of face value would be used to hedge the 2-year exposure?

选项

A.$478

B.$239

C.$713

D.$670

答案

C

解析

0.67/100 × F = $4.78,F = $713.430.67/100 × F = $4.78,F = $713.43