Mengying huang2018-11-19 04:59:01

If the net cost of carry of an asset is positive, then the price of a forward contract on that asset is most likely: lower than if the net cost of carry was zero. the same as if the net cost of carry was zero. higher than if the net cost of carry was zero. A is correct. An asset's forward price is increased by the future value of any costs and decreased by the future value of any benefits: F0(T)=S0(1+r)T−(γ−θ)(1+r)T If the net cost of carry (benefits less costs) is positive, the forward price is lower than if the net cost of carry was zero. 没懂为什么选A。