Question
Assume the DJIA ended the day at 23,723. A mini futures contract available on this index expires in 30 days. A 30-day t-bill is yielding
Assume the DJIA ended the day at 23,723. A mini futures contract available on this index expires in 30 days. A 30-day t-bill is yielding approximately 0.1% today. The Dow Jones Index is currently providing a 2.65 % dividend yield. What is the fair value of this futures contract as of today?
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Foundations Of Statistics For Data Scientists With R And Python
Authors: Alan Agresti
1st Edition
0367748452, 978-0367748456
