Question: Hello please answer this uestion without hand writing or photos The share of Eastern Cement Company is trading in the Saudi Stock Exchange at 30
Hello
please answer this uestion without hand writing or photos
The share of Eastern Cement Company is trading in the Saudi Stock Exchange at 30 riyals, If you are going to buy a future contract on the shares of that company with the following specifications: The contract will add 100 shares, and the company will make a distribution of 2 riyals per share at the end of the future contract period, which is three months, if you know that the risk-free interest rate is 4%.
Required: Calculate the value of the future contract.
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