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Author Question: The basis of a futures contract is defined as the difference between the spot price and the futures ... (Read 367 times)

Mimi

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on: Apr 25, 2021



The basis of a futures contract is defined as the difference between the spot price and the futures price for the same asset

Basist = Spot Pricet - Futures Pricet

The CME NASDAQ-100 Futures contract is cash settled with a contract value equal to $100 times the NASDAQ-100 Index price. Consider the futures prices in the table above. What is the basis of the September futures contract on its maturity date?
◦ -1.38
◦ 0.00
◦ 1.38
◦ 2.42
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by Mimi on Apr 25, 2021

jliusyl

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Mimi

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Reply 2 on: Apr 25, 2021
Thanks for the timely response, appreciate it

dantucker

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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