<div>Q.</div> <div>현물환율 1$ = 1,200원</div> <div>국내 이자율 연 8%, 외국 이자율 연 4% 일 때,</div> <div>3개월 선물환율이 1$ = 1,218원 이라면 어떤 거래를 통해 얼만큼의 이득을 취할 수 있는가?</div> <div><br></div> <div>A. </div> <div class="1" style="line-height:20.1pt;"><font face="굴림"><span style="letter-spacing:-.7pt;font-family:'산돌명조 L';font-size:11pt;"><font face="굴림">국내투자수익률</font></span><span lang="en-us" style="letter-spacing:0pt;font-size:10pt;">(3</span><span style="letter-spacing:-.7pt;font-size:10pt;">개월</span><span lang="en-us" style="letter-spacing:5pt;font-size:10pt;">)</span><span lang="en-us" style="letter-spacing:5pt;font-size:11pt;">=</span><span lang="en-us" style="letter-spacing:0pt;font-size:11pt;">0.08/</span><span lang="en-us" style="letter-spacing:5pt;font-size:11pt;">4</span><span lang="en-us" style="letter-spacing:5pt;font-size:11pt;">=</span><span lang="en-us" style="letter-spacing:0pt;font-size:11pt;">0.02,</span></font></div> <div class="1" style="line-height:20.1pt;"><span lang="en-us" style="letter-spacing:3pt;font-size:11pt;"></span> <span lang="en-us" style="letter-spacing:3pt;font-size:11pt;"></span><span style="letter-spacing:-.7pt;font-size:11pt;">미국투자수익률</span><span lang="en-us" style="letter-spacing:0pt;font-size:10pt;">(3</span><span style="letter-spacing:-.7pt;font-size:10pt;">개월</span><span lang="en-us" style="letter-spacing:5pt;font-size:10pt;">)</span><span lang="en-us" style="letter-spacing:5pt;font-size:11pt;">=</span><span lang="en-us" style="letter-spacing:0pt;font-size:11pt;">0.04/</span><span lang="en-us" style="letter-spacing:5pt;font-size:11pt;">4</span><span lang="en-us" style="letter-spacing:5pt;font-size:11pt;">+</span><span lang="en-us" style="letter-spacing:0pt;font-size:11pt;">(1,21</span><span lang="en-us" style="letter-spacing:5pt;font-size:11pt;">8</span><span lang="en-us" style="letter-spacing:5pt;font-size:11pt;">-</span><span lang="en-us" style="letter-spacing:0pt;font-size:11pt;">1,200)/1,20</span><span lang="en-us" style="letter-spacing:5pt;font-size:11pt;">0</span><span lang="en-us" style="letter-spacing:5pt;font-size:11pt;">=</span><span lang="en-us" style="letter-spacing:0pt;font-size:11pt;">0.025</span></div> <div style="line-height:20.1pt;text-indent:-13.2pt;margin-left:13.2pt;"><span lang="en-us" style="letter-spacing:3pt;font-size:11pt;"></span><span style="letter-spacing:-.7pt;font-size:11pt;">따라서 국내에서 자금을 조달해 미국에 투자를 하면</span> <span lang="en-us" style="letter-spacing:0pt;font-size:11pt;">3</span><span style="letter-spacing:-.7pt;font-size:11pt;">개월간</span> <span lang="en-us" style="letter-spacing:0pt;font-size:11pt;">0.5%</span><span lang="en-us" style="letter-spacing:0pt;">(</span><span style="letter-spacing:-.7pt;">연간</span> <span lang="en-us" style="letter-spacing:0pt;">2%)</span><span style="letter-spacing:-.7pt;font-size:11pt;">의 차익을 취할 수 있다.</span></div> <div style="line-height:20.1pt;text-indent:-13.2pt;margin-left:13.2pt;"><span style="letter-spacing:-.7pt;font-size:11pt;"></span> </div> <div style="line-height:20.1pt;text-indent:-13.2pt;margin-left:13.2pt;"><span style="letter-spacing:-.7pt;font-size:11pt;">문제에 대한 답변이 잘 이해가 안갑니다 ㅠㅠ</span></div> <div style="line-height:20.1pt;text-indent:-13.2pt;margin-left:13.2pt;"><span style="letter-spacing:-.7pt;font-size:11pt;">더 높은 국내 수익률을 이용해야 한다는 것은 알겠는데 차익을 구하는 과정이 이해가 잘 안가요..</span></div> <div style="line-height:20.1pt;text-indent:-13.2pt;margin-left:13.2pt;"><span style="letter-spacing:-.7pt;font-size:11pt;"></span> </div>
댓글 분란 또는 분쟁 때문에 전체 댓글이 블라인드 처리되었습니다.