谁来回答金融英文题~中英文回答皆可~最好有说明~Suppose the spot exchange rate between the U.S.dollar and the British pound is 1.5000,the interest rate on a 3-month U.S.financial instrument is 1.2%,the interest rate on a similar U.K
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谁来回答金融英文题~中英文回答皆可~最好有说明~Suppose the spot exchange rate between the U.S.dollar and the British pound is 1.5000,the interest rate on a 3-month U.S.financial instrument is 1.2%,the interest rate on a similar U.K
谁来回答金融英文题~
中英文回答皆可~最好有说明~
Suppose the spot exchange rate between the U.S.dollar and the British pound is 1.5000,the interest rate on a 3-month U.S.financial instrument is 1.2%,the interest rate on a similar U.K.financial instrument is 3.5%.
calculate the implied expectation of the spot rate.
题目问的是:calculate the implied expectation of the spot rate.
要算出来我才能给分呢~
谁来回答金融英文题~中英文回答皆可~最好有说明~Suppose the spot exchange rate between the U.S.dollar and the British pound is 1.5000,the interest rate on a 3-month U.S.financial instrument is 1.2%,the interest rate on a similar U.K
这个是用利率平价 算出期望汇率的问题
根据无套利原理 美元利率是1.2% 英镑利率是3.5% 现在汇率是1.5,假设未来汇率是X
你投资任何一个币种最后得到的美元是一样的
投资一块钱英镑 最后得到 1+3.5%
然后按照远期汇率(EXPECTATION OF THE SPOT RATE)兑换成 (1+3.5%)*X美元
把这个美元折现到现在等于 (1+3.5%)*X/(1+1.2%)
再把美元换成英镑 【(1+3.5%)*X/(1+1.2%)】/1.5由于无套利 这个数应当等于1
所以(1+3.5%)*X/(1+1.2%)=1.5 求得X=1.5*(1+1.2%)/(1+3.5%)=1.4667
分析方法就是这样的