10. Futures prices (S27-4) In July 2021, six-month futures on the Australian S&P/ASX 200 Index traded at...

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10. Futures prices (S27-4) In July 2021, six-month futures on the Australian S&P/ASX 200 Index traded at 7,224. Spot was 7,309. The interest rate was about 1% a year, and the dividend yield was about 3.0% a year. Were the futures fairly priced?

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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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