问题
单项选择题
The European one-year risk-free rate is 1.98%, and the U.S. one-year risk-free rate is 1.08%. If the U.S. dollar per euro (USD/euro) spot rate is 1.2511, the one-year forward points for the USD/ euro forward rate are closest to:()
A. -94.0
B. -110.4
C. +111.4
答案
参考答案:B
解析:
forward rate=1.2511USD/euro×(1+1.08%)/(1+1.98%)=1.24006USD/euro,1.24006USD/euro-1.2511USD/euro=-0.01104,即远期汇率下降110.4个基点。