You buy a one year futures contract on a commodity today for $48. The risk free rate

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You buy a one year futures contract on a commodity today for $48. The risk free rate is 8% per annum. Six months later, the same contract is priced at $50. If the risk free rate is still 8%, what is the value of the futures contract?

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Fundamentals of Corporate Finance

ISBN: 978-1118845899

3rd edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Posted Date: Apr 17, 2024 07:33 AM

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You buy a one year futures contract on a commodity today for $48. The risk free rate

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Fundamentals of Corporate Finance

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