The higher is the dividend yield on a stock index over the next 3 months, the higher

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The higher is the dividend yield on a stock index over the next 3 months, the higher is the value of a short forward contract on the stock index with a delivery date in 3 months.

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Fundamentals of Futures and Options Markets

ISBN: 978-0132993340

8th edition

Authors: John C. Hull

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Posted Date: Oct 01, 2020 11:46 PM

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The higher is the dividend yield on a stock index over the next 3 months, the higher

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21 Fair Future Price Spot PricePV of dividend e rt Spot price 3100 Dividend 62 31002 PV of Dividend ... View the full answer

Fundamentals of Futures and Options Markets

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