问题 单项选择题

Party A has entered a currency forward contract to purchase 10 million at an exchange rate of $ 0.98 per [*]. At settlement, the exchange rate is $ 0.97 per euro. Party A will:()

A. make a payment of $100000.

B. receive a payment of $100000.

C. make a payment of $103090.

答案

参考答案:A

解析:

($0.98-$0.97)×10 million=$100000 loss. Therefore, a payment must be made.

单项选择题
单项选择题