Question
b) Suppose the pension fund you are managing is expecting an inflow of funds of K100, 000 next year and you want to make sure
b) Suppose the pension fund you are managing is expecting an inflow of funds of K100, 000 next year and you want to make sure that you earn the current interest rate of 8% when you invest the incoming funds. How would you use the futures market to do this? [10 marks] [TOTAL: 20 MARKS]
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The Business Of Personal Finance
Authors: Joseph Calandro Jr, John Hoffmire
1st Edition
1032104562, 978-1032104560
