Is the futures price of a stock index greater than or less than the expected future value

Question:

Is the futures price of a stock index greater than or less than the expected future value of the index? Explain your answer. Future Value
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: