这道题不难，但想不通，烦请各位道友解惑

One-yearinterest rates are 7.5% in the U.S.and 6.0% in New Zealand.The current spot exchange rate is NZD:USD 0.5500. If interest rate parityholds, today’s one-year forward rate (NZD:USD) must be closest to:

A)        NZD:USD 0.54233.

B)        NZD:USD 0.55778.

C)        NZD:USD 0.56675.

Youranswer: A was incorrect. The correct answer was B)NZD:USD 0.55778.
ForwardFC:DC= 0.5500 × (1.075/1.06) = NZD:USD 0.55778
我觉得应该是：0.55*（1.06/1.075）,不是说分子与分母应该对应吗？

This question tricks you with quoting method  NZD:USD.  You should arrange back to USD/NZD and according to convention:  USD/NZD quote that SPOT X NUMBERATOR (USD)/DENOMINATOR (NZD) and you will get 0.5500 x (1+0.075)/(1+0.06)=0.5578.   Hope this helps when you study further because there are many questions like these to caculate the forward rate.

其实我也不太了解，不用太套公式，明白意思即可。利率平价应该就是你投在本国的钱存起来，一年以后换成外币，应该等于先换成外币然后在外国存起来吧。列出来一除就行了吧。。。。我是这样想的。

关键是按照给的答案，理解不出来你说的意思。而且题库里的这样的题，这样的答案不只这一个

是0.55*1.075=1.06*汇率，汇率=1.06/(0.55*1.075)=0.5578，答案是B

1美元一年后的值＝1美元立刻换成澳币持有一年的值再换成美元。

1*1.07%=1/0.55*1.06%*Forward rate

因为0.55是NZD/USD的汇率，所以new forward exchange rate=(1+nzd rate)/(1+us rate)
如果0.55是usd/nzd，那么new forward exchange rate=(1+us rate)(1+nzd rate)

1美元一年后的值＝1美元立刻换成澳币持有一年的值再换成美元。

linzhang219 发表于 2013-5-3 13:08
因为0.55是NZD/USD的汇率，所以new forward exchange rate=(1+nzd rate)/(1+us rate)
如果0.55是usd/nzd， ...

这个哥们是对的