问题
单项选择题
Which of the following statements regarding forward contracts is FALSE()
A. Dealers make the majority of their profits by anticipating price moves in the underlying asset.
B. Dealers will enter into forward contracts with other dealers.
C. End users of forwards most often have a business exposure to price risk from the asset covered by the contract.
答案
参考答案：A
解析：
Dealers do not make most of their profits from speculating on price moves or interest rate moves. They profit from the bid-ask spread. They take offsetting positions with different end users to hedge their price risk.