A straight forward par 5 with a generous fairway, not too difficult.
五杆洞，大直路加上阔球道，难度不高。
If the forward rate is on the same level as the spot rate, they are known as at par.
如果远期汇率低于即期汇率，其差额叫做贴水。如果远期汇率等于即期汇率，叫做平价。
If the forward rate is on the same level as the spot rate, they are known as at par.
如果远期汇率低于即期汇率，其差额叫做贴水。如果远期汇率等于即期汇率，叫做平价。
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