题目
题目

BU.232.710.F3.SP25 Quiz #1- Requires Respondus LockDown Browser

单项选择题

Consider the scenario where the current price of crude oil is $100 per barrel, with the three-month forward price at $105. There are now concerns among some market participants about a potential conflict in the Middle East, leading to speculation that oil prices could surge in the next three months. Assuming the current price of oil remains unchanged at $100 and the markets permits no arbitrage opportunities, how would the three-month forward price change?

选项
A.Lower than $105.
B.Higher than $105.
C.Not enough information.
D.Same as $105.
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标准答案
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思路分析
The problem asks us to assess how the three-month forward price would change given new concerns about a potential Middle East conflict and the expectation that oil prices could surge, while the current spot price remains at $100 and no arbitrage opportunities exist. Option 1: 'Lower than $105.' This would imply the market expects the future spot price to be lower or that holding costs or carry are negative enough to push the forward below 105.......Login to view full explanation

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