Question
What is meant by Open interest, price ticks, price limits, intimal margin, maintenance margin and delivery options in a future contract? An investor wants to
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What is meant by Open interest, price ticks, price limits, intimal margin, maintenance margin and delivery options in a future contract? An investor wants to buy stocks of ICICI after 6 months. The current price of ICICI share is Rs 860.00 today. The investor can borrow money at nominal rate of 8% per annum The six-month futures quoting rate is Rs. 940.00. Find out arbitrage opportunity if it exits. How will you exploit the arbitrage opportunity?
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Finance for Non Financial Managers
Authors: Pierre Bergeron
7th edition
176530835, 978-0176530839
