Question
Suppose the return on a futures contract has a standard deviation of 40%,the risk free rate is 6%,the time to maturity is 3 months.Use a
Suppose the return on a futures contract has a standard deviation of 40%,the risk free rate is 6%,the time to maturity is 3 months.Use a two-step binomial tree,the probability of a down move in the price of the futures is _____(xx.xx%)
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Fundamentals Of Financial Management
Authors: Richard Bulliet, Eugene F Brigham, Brigham/ Houston
11th Edition
1111795207, 9781111795207
