Question
She bought a two-year equity forward contract at $152 and suppose today is 9 months to expiration. The underlying is currently trading for $165, and
She bought a two-year equity forward contract at $152 and suppose today is 9 months to expiration. The underlying is currently trading for $165, and interest rates are 5% on an annual compounding basis.
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Modern Portfolio Theory and Investment Analysis
Authors: Edwin Elton, Martin Gruber, Stephen Brown, William Goetzmann
9th edition
9781118805800, 1118469941, 1118805801, 978-1118469941
