To the holder of a long position, it is more desirable to own a forward contract than a futures contract when interest rates and futures prices are:
A: negatively correlated.
B: uncorrelated.
C: positively correlated.
A: negatively correlated.
B: uncorrelated.
C: positively correlated.
举一反三
- Economic monetization and commercialization are ( ). A: Positively correlated B: Negatively correlated C: Fluctuations D: Unpredictable
- In contrast to a forward contract, a futures contract: A: trades over-the-counter. B: is initiated at a zero value. C: is marked-to-market daily.
- Which of the following statements is least accurate() A: Futures contracts are easier to offset than forward contracts. B: Forward contracts are generally more liquid than futures contracts. C: Forward contracts are easier to tailor to specific needs than futures contracts.
- The most widely used futures contract for hedging short-term U.S. dollar interest rate risk is
- Under which of the following conditions would a firm be most likely to issue variable-rate debt（） A: Operating cash flows are positively correlated with short-term interest rates. B: Operating cash flows are negatively correlated with short-term interest rates. C: The yield curve is sloping sharply downward.