Question
The current level of the S&P 500 is 1,500. The dividend yield on the S&P 500 is 3.0%. The risk-free interest rate is 1.2%. What
The current level of the S&P 500 is 1,500. The dividend yield on the S&P 500 is 3.0%. The risk-free interest rate is 1.2%. What should a futures contract with a one-year maturity be selling for?
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Fundamentals of Investments, Valuation and Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
8th edition
1259720697, 1259720691, 1260109437, 9781260109436, 978-1259720697
