即期汇率（spot exchange rate)

假设一年的远期美元欧元汇率是每欧元1.26 美元，即期汇率为每欧元1.2 美元，欧元的远期升水(或美元的远期贴水)是多少？ 一年期美元存款利率和一年期欧元存款利率之差是多少(假设不存在政治风险) ？

Suppose the one-year forward $/€ exchange rate is $1.26 per euro and the spot exchange rate is $1.2 per euro.What is the forward premium on euro (the forward discount on dollars)？ What is the difference between the interest rate on one-year dollar deposits and that on one- year euro deposits (assuming no political risk)

A.＄0．075

B.＄0．085

C.＄0．095

D.＄0．105

A.1.0437/51

B.1.0437/82

C.1.0451/67

D.1.0467/82

A.1.4119/47

B.1.4056/69

C.1.4056/73

D.1.4063/69

A、国内外利率相等，R=R*

B、汇率的预期变化率等于0

C、外汇远期等于即期汇率

D、汇率E=1

(3)

A．Forward transactions is not of typical foreign exchange transactions.

B．Typical foreign exchange transactions occur in the spot or cash market.

C．Forward transactions don't occur in the spot or cash market.

D．Typical foreign exchange transactions occur only in the spot market.

A．Increase

B．Decrease

C．constant

D．uncertain