加拿大论文代写哪里好：期汇率

加拿大论文代写哪里好：期汇率

在利维（2009）的研究中，即期汇率是一个用来进行金融交易有时为一种货币或任何其他证券，如债券的利率。与此形成对比的是，一个远期利率是在未来一段时间内进行金融交易的交易双方决定的利率。即期汇率或远期汇率也被称为是与任何金融合约有约束力的合约所决定的价格。使用远期利率而不是即期汇率的原因主要是为了避免任何形式的潜在风险，主要是为了避免货币或证券的安全性。比尔森和马斯顿（2007）指出，在使用远期利率出售债券未来的意图是避免利率而在使用远期汇率买进债券未来的目的是避免在利率上升的风险降低风险。在英国的金融市场，已经给出了一系列金融交易的即期汇率。然而，为了获得远期利率财务主管必须计算它通过系统的方法和计算。计算获得远期利率和债券收益率曲线：

In the light of the study of Levi (2009), a spot rate is a rate that is used to conduct a financial transaction at times zero either for a currency or any other security such as bonds. In contrast to this, a forward rate is that rate that is decided by parties at times zero for conducting a financial transaction at some time in future. Spot rate or a forward rate is also known as the price that is settled by parties that are binding to any financial contract. The reason for using forward rates rather than spot rate is mainly to hedge the currency or security such as bonds in order to avoid any type of potential risk. Bilson and Marston (2007) stated that the intention behind using forward rates in selling of bonds in future is to avoid the risk of decrease of interest rate whereas the intention behind using forward rates in buying of bonds in future is to avoid the risk of increase in the interest rates. In the financial market of UK, list of spot rates have been given to conduct financial transaction. However, in order to obtained forward rates treasurers have to calculate it through a systematic procedure and calculation. The calculation of obtaining forward rates and bond yield curve has been mentioned below:
Suppose we have a 3-month Libor spot rate of 1.12% and a 5-month Libor spot rate of 1.15%. In order to calculate 3×5 forward rates the following calculation has been performed. Forward rate is denoted by ‘r’
[1+1.12 %( 92/360)] [1+r (61/360)] = [1+1.15 %( 153/360)]
Forward Rate r = 1.19%