Arbitraging futures contracts II발음듣기
대기중
Arbitraging futures contracts II
51문장
0% 일본어
번역 0명 참여
출처 : 칸아카데미
번역
0%
Let's say that the settlement price for delivering 1,000 pounds of apples on October 20, which we're going to assume is one year from now, let's assume that it's $200.발음듣기
대기중
And we're also going to assume, like the last example, that these apples that we have never go bad.발음듣기
대기중
Let's also assume, above and beyond the assumptions of the last video, that we can borrow and sell apples in the current market.발음듣기
대기중
So I go to someone who's got 1,000 pounds of apples who doesn't really see any need for them over the next year, and I say, can I borrow those apples?발음듣기
대기중
And of the interest that I get on those apples, I'm going to give you 1%, the person who actually owns the apples.발음듣기
대기중
That way I actually get some money on my apples that I had no intention of using for a year.발음듣기
대기중
Agree, you could say to go long the futures contract, or agree to be buyer on futures contract.발음듣기
대기중
Now I can use $200 of that to essentially uphold my part of the futures contract, to buy the apples for $200, for that agreed upon price.발음듣기
대기중
And I know I can do this regardless of what the market price is because that was the delivery price on the futures contract.발음듣기
대기중
And those apples that I've just bought, those 1,000 pounds of apples, I can then use those apples to return it to the person that I borrowed the apples from.발음듣기
대기중
So if you think about it once again, this is setting a lower bound on what the actual settlement price on the futures contract is.발음듣기
대기중
칸아카데미 더보기더 보기
-
Conserving Everhard Jabach and His Family
38문장 0%번역 좋아요0
번역하기 -
150문장 0%번역 좋아요3
번역하기 -
55문장 0%번역 좋아요1
번역하기 -
35문장 0%번역 좋아요2
번역하기
