单项选择题

When a party to a forward contract terminates the contract prior to the original expiration date by entering into a perfectly offsetting forward contract with a second counterparty:()

A. the party terminating the forward contract has no default risk, but both counterparties face default risk.
B. there is no future liability, but default risk remains for all parties until the original contract settlement date.
C. the party terminating the contract is exposed to default risk, but has no further asset price risk.

<上一题目录下一题>

热门试题

单项选择题

Do options and futures, respectively, most directly reveal the prices or the volatility of their underlying assets Options Futures ①A. Prices Prices ②B. Volatility Volatility ③C. Volatility Prices

A．<TABLE border=0 cellSpacing=0 cellPadding=0 width="90%"><TBODY><TR><TD vAlign=top>A. ① </TD></TR></TBODY></TABLE>
B．<TABLE border=0 cellSpacing=0 cellPadding=0 width="90%"><TBODY><TR><TD vAlign=top>B. ② </TD></TR></TBODY></TABLE>
C．<TABLE border=0 cellSpacing=0 cellPadding=0 width="90%"><TBODY><TR><TD vAlign=top>C. ③</TD></TR></TBODY></TABLE>

单项选择题

Based on the May 15 settlement date, which of the following is TRUE()

A. Since the equity value fell below the maintenance level, a variation margin is called.
B. Due to the fact that the equity value falls below the initial margin, a variation margin is called to restore the equity value of the account to it’s initial level.
C. The equity value falls below the initial margin.