问题
单项选择题
Do options and futures, respectively, most directly reveal the prices or the volatility of their underlying assetsOptions Futures ①A. PricesPrices ②B. Volatility Volatility ③C. Volatility Prices
A.
A. ① |
B.
B. ② |
C.
C. ③ |
答案
参考答案:C
解析:The volatility of the underlying asset is critical to the value of an option. Options reveal more about volatility than about spot prices. Futures, forwards, and swaps are more directly related to price discovery.