Suppose that the price of the futures contract with expiration date March 31st, 2021 is $100,000 and the cost of financing that is available for every market participants is fixed as 10% annual for the next 1 year. What would be todays fair market value of the futures contract with the same underlying but with the expiration date one year later (March 31st, 2022)? Answers should be rounded to the nearest dollars.

Question 6 (1 point)

Assume the market convention for interest calculation is yearly compounding

Question 6 options:

	100,000
	100,100
	101,000
	110,000
	111,000

Question 7 (1 point)

Assume the market convention for interest calculation is quarterly compounding

Question 7 options:

	110,151
	110,261
	110,381
	110,471
	110,516
	110,517

Question 8 (1 point)

Assume the market convention for interest calculation is monthly compounding

Question 8 options:

	110,151
	110,261
	110,381
	110,471
	110,516
	110,517

Question 9 (1 point)

Assume the market convention for interest calculation is daily compounding

Question 9 options:

	110,151
	110,261
	110,381
	110,471
	110,516
	110,517

Question 10 (1 point)

Assume the market convention for interest calculation is continuous compounding

Question 10 options:

	110,151
	110,261
	110,381
	110,471
	110,516
	110,517