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UkoKoshka [18]
3 years ago
12

A hypothetical futures contract on a nondividend-paying stock with a current spot price of $60 has a maturity of 1 year. If the

T-bill rate is 5%, what should the futures price be
Business
1 answer:
Lesechka [4]3 years ago
7 0

Answer:

$63

Explanation:

Calculation for what should the futures price be

Using this formula

Future price=Current spot price (1 + r)

Let plug in the formula

Future price= $60*(1+0.05)

Future price= $60* (1.05)

Future price= $63

Therefore what should the futures price be is $63

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4 years ago
A machine cell uses 200 pounds of a certain material each day. Material is transported in vats that hold 20 pounds each. Cycle t
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Answer:

3

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8 0
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