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1. Tesla shares are trading at 700USD per share. The six month future is trading at 710USD and interest rates on USD are 5%. The
1. Tesla shares are trading at 700USD per share. The six month future is trading at 710USD and interest rates on USD are 5%. The shares pay a single dividend of 10USD per share on the three month date. Calculate the fair strike of the six month future on Tesla and deduce how much you needed to pay or receive to buy the six month futures contract today. You should include the interest earned on the dividend
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