Pricing of forward and futures contracts

• المؤلفون الرئيسيون: CHOW, Ying-Foon, McALEER, Michael, SEQUEIRA, J. M.
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2000
• الموضوعات: Finance and Financial Management
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/lkcsb_research/5074
• المؤسسة: Singapore Management University

There has long been substantial interest in understanding the relative pricing of forward and futures contracts. This has led to the development of two standard theories of forward and futures pricing, namely, the Cost-of-Carry and the Risk Premium (or Unbiased Expectations) hypotheses. These studie...