Question
Question: Question:If someone can help me with my assignment I will really appreciate it. I know the right answer but I don't know how to
Question:Question:If someone can help me with my assignment I will really appreciate it. I know the right answer but I don't know how to get it; i need explanation.THANKS!!
Questions
- The price of oil is $48.34 per barrel and the interest rate is 1%.
(a) What is the futures price for a contract with 12 months until maturity?(Ans:48.83)
(b) If the actual futures price for the DEC 2016 contract is $47.98, what type of trade involving oil and oil futures would be profitable?
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Analysis for Financial Management
Authors: Robert C. Higgins
12th edition
1259918963, 9781260140729 , 978-1259918964
