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Which of the following statements is CORRECT? For equity futures, higher dividend yield, all else equal, implies lower futures price For exchange rate futures, the
Which of the following statements is CORRECT?
For equity futures, higher dividend yield, all else equal, implies lower futures price | ||
For exchange rate futures, the higher is the interest rate in the foreign country (relative to the interest rate in the U.S.), all else equal, the higher is the futures exchange rate | ||
For interest-rate futures, the cash price received by the trader for the bond delivered is the same as the futures settlement price | ||
For commodity futures, higher storage cost implies lower futures price |
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