题目 On January 1, a risk manager observes that the one-year continuously compounded interest rate is 5% and storage costs of a commodity product A is USD 0.05 per quarter (payable at each quarter [...]
题目 Jack has company A’s stock and will sell it two months from now at a specified date in the middle of the month. Jack would like to hedge the price of risk of company A’s stock. How could [...]
题目 Hanwha Investment is underwriting a 30-year zero coupon corporate bond issue with a face value of $50 million and a current market value of $2,676,776 (a yield of 5% per 6-month period)，The [...]
题目 A company plans to borrow $3.0 million for three months starting in one year. The Eurodollar futures contract that matures in one year has a quoted price of 98.00 and the company wants to [...]
题目 Assume you enter into 5 long futures contracts to buy July gold for $1,400 per ounce. A gold futures contract size is 100 troy ounces. The initial margin is $14,000 per contract and the [...]
题目 Given the following bonds and forward rates:「huixue_img/importSubject/1564169522565484544.png」● 1-year forward rate one year from today = 9.56%● 1-year forward rate two years from [...]
题目 Use the following information to answer the question「huixue_img/importSubject/1564169522427072512.png」The 6-month forward rate on an investment that matures in 1.5 years is closest to: [...]
题目 A US corporate bond that matures on October 1st, 2017 with a par value of $100.00 pays a semi-annual coupon with a coupon rate of 9.0% per annum. It pays coupons on April and October 1st and [...]
题目 Assume a corporate bond with a face value of $1,000 that pays a semi-annual coupon (coupons pay January and July 1st) with a 12.0% coupon rate. The bond settles on June 13th, 2014 and matures, [...]
题目 A Treasury bond has a coupon rate of 6% per annum (the coupons are paid semiannually) and a semiannually compounded yield of 4% per annum. The bond matures in 18 months and the next coupon [...]
