老师这道买卖权平价的题目我这样选项是不是正确的，我算出Call的价格等于11.4,···对吗

老师问题请见图二，谢谢

The term structure is flat at 5% per annum with continuous compounding. Some time ago a financial institution entered into a 5-year swap with a principal of $100 million in which every year it pays 12-month LIBOR and receives 6% (both annual compounding). The swap now has two years eight months to run. Four months ago 12-month LIBOR was 4% (with annual compounding). a) What is the value of the swap to the financial institution today? b) What is the financial institution’s credit exposure on the swap? That is, what if the counterparty of the financial institution defaults? (2 marks) 老师这种要计算前面也有利息收入的利率互换当前价值的题目应该怎么计算呢

老师 在forward rate agreement里面为什么short方做空做空的是什么？还有execise 1里面是怎么判断是short方的

老师，期限为什么是3个月，而不是题干中另一个期限六个月呢？另外，p＋s=C＋k中的p和c指的是premium吗，不是应该是对应价值吗？

老师好，请问 the mean-variance efficient market portfolio是指代CAPM里面的market portfolio吗？

老师，d选项为什么最小价值是0？最小利润不应该是负数吗？

老师，请问：1）担心欧元下跌，long put或short call，这个有公式吗？还是杨老师自己总结的术语？感觉杨老师术语很多，基础课不是听她的课程，非常难理解！2）题目中说到exchange rate is USD 1.25perEUR，为什么最后还是选择乘以0.022？

老师，这题的公式通式怎么写的？第几节的内容？

相关系数R是怎么按出来的呀？2ND 7 ，2ND 8 ，R是在哪里显示出来的呀？