Question
Can someone please help with this question!! Find your expected profit 11 months from now from buying an 11-month forward contract on the stock market
Can someone please help with this question!!
Find your expected profit 11 months from now from buying an 11-month forward contract on the stock market index. The current value of the index is 5000, the contract is for $1 time the index, the index does not pay dividends, 11-month zero rate is 2% and the expected market rate of return is 8%
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Connect For Financial Accounting Fundamentals
Authors: Author
8th Edition
126411169X, 9781264111695
