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You have entered into a currency swap in...

- 发布于 ccpaxin-shui-shi 来自

题目

You have entered into a currency swap in which you receive 4% per annum in yen and pay 6% per annum in dollars once a year. The principals in the two currencies are 1000 million yen and 10million dollar. The swap will last for another two years, and the current exchange rate is 115 yen for 1 dollar. Suppose that the annualized spot rates (with continuous compounding) are given as in the table below, what is the value of the swap to you in million dollars?「huixue_img/importSubject/1564169526180974592.png」

选项

A.-1.270

B.-0.447

C.0.447

D.1.270

答案

A

解析

Calculation「huixue_img/importSubject/1564169526252277760.png」