Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 19, 2024

The german DAX index trades at 1 5 , 2 0 0 points now. The dividend yield it offers is 2 % , and we

The german DAX index trades at

15, 200

points now. The dividend yield it offers is

2 %,

and we assume a risk

-

free interest rate of

3 % .

Therefore, the futures price for the DAX index for a

24 -

month contract should be

Answer: $

15, 505.52

can you explain how to get to this result?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials of Investments

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

10th edition

77835425, 978-0077835422

More Books

Students also viewed these Finance questions

Question

20. Hoots] Integrate the integral below by using the known power sen'es tor x) = tan1x. {a} Find the rst four nonzero terms of the result of the integration. {by Write the summation Z} for the result...

Answered: 1 week ago

Question

Answered: 1 week ago

Question

Answered: 1 week ago

Question

★★★★★

After reviewing fractal dimension in class this week, I want to revisit it with a couple of computational examples. The deletion fractal below (sometimes called a Sierpinksi hexagon) is constructed...

Answered: 1 week ago

Question

★★★★★

A coin is flipped until 3 heads in succession occur. List only those elements of the sample space that require 6 or less tosses. Is this a discrete sample space? Explain.

Answered: 1 week ago

Question

★★★★★

A random sample of 52 persons attending a certain diet clinic was found to have lost (over a three-week period) an average of 30 pounds, with a sample standard deviation of 11. For these data, a 99%...

Answered: 1 week ago

Question

★★★★★

For a binary response variable ????, how are the odds that ???? = 1 computed?

Answered: 1 week ago

Question

★★★★★

Suppose on January 1 you deposit $100 in an account that pays a nominal, or quoted, interest rate of 11.33463 percent, with interest added (compounded) daily. How much will you have in your account...

Answered: 1 week ago

Question

★★★★★

Cullin Corporation realized a long - term capital gain of $ 1 0 , 0 0 0 , a short - term capital gain of $ 1 5 , 0 0 0 , and a long - term capital loss of $ 2 7 , 0 0 0 . What amount of the long -...

Answered: 1 week ago

Question

★★★★★

Jack insisted that Seachest pay for the shipped training materials and consultant/instructor's expenses even though the training and consulting work had not yet occurred.(a) How can this dispute be...

Answered: 1 week ago

Question

★★★★★

Coburn (beginning capital, $57,000) and Webb (beginning capital $93,000) are partners. During 2022, the partnership earned net income of $65,000, and Coburn made drawings of $19,000 while Webb made...

Answered: 1 week ago

Question

★★★★★

Your company has an Azure subscription. You plan to create a virtual machine scale set named VMSS1 that has the following settings: Resource group name: RG1 Region: West US Orchestration mode:...

Answered: 1 week ago

Question

★★★★★

Lila invested $10,000 in one of Long Life Insurance Company's annuity contracts. When issued, the contract was paying a 5 percent rate of return. Two years later, Long Life increased this rate to 7...

Answered: 1 week ago

Question

★★★★★

Write a brief summary or outline of the three (3) most important mathematical concepts worked on during the week and post it on this forum. Remember to include the topic of the line graph and how it...

Answered: 1 week ago

Question

★★★★★

# 3 [36.33] A cracked beam is similar in geometry to that of Problem #1 except that the vertical location of the crack is arbitrary at position y from the centerline. The applied load is uniformly...

Answered: 1 week ago

Question

★★★★★

Question 4 An m-year bond with par value $2,400 has annual coupons of $128. At a price of $2.012.50, the yield to the purchaser is convertible semiannually. Find A the answer does not appear here B....

Answered: 1 week ago

Question

★★★★★

In Exercises, find the equation of the tangent line at the given point on each curve. 2y 2 - x = 4; (16, 2)

Answered: 1 week ago

Question

★★★★★

Biotechnology. A biotechnology firm in Boston is planning its investment strategy for future products and research labs. A poll found that only 8% of a random sample of 1012 U.S. adults approved of...

Answered: 1 week ago

Question

★★★★★

E-mail. A small company involved in e-commerce is interested in statistics concerning the use of e-mail. A poll found that 38% of a random sample of 1012 adults, who use a computer at their home,...

Answered: 1 week ago

Question

★★★★★

Quality control. For quality control purposes, 900 ceramic tiles were inspected to determine the proportion of defective (e.g., cracked, uneven finish, etc.) tiles. Assuming that these tiles are...

Answered: 1 week ago

Previous Question Next Question