You created and sold a futures contract 30 days ago. The contract at that time had a

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You created and sold a futures contract 30 days ago. The contract at that time had a price of $59 and a maturity of 180 days. Today, the primary asset is worth $51.84. The risk-free rate is currently 3.0% per 365 days.

What is the current value of the futures contract?

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International Financial Management

ISBN: 9780077861605

7th Edition

Authors: Cheol Eun, Bruce Resnick

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Posted Date: Nov 01, 2023 02:06 AM

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You created and sold a futures contract 30 days ago. The contract at that time had a

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The current value of the futures contract is 57589 To calc... View the full answer

International Financial Management

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