Question
The risk-free rate of interest is 8% per annum with continuous compounding, and the dividend yield on a stock index is 3.7% per annum. The
The risk-free rate of interest is 8% per annum with continuous compounding, and the dividend yield on a stock index is 3.7% per annum. The current value of the index is 1250. What is the 9-month futures price?
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College Mathematics For Business Economics, Life Sciences, And Social Sciences
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
14th Edition
0134674146, 978-0134674148
