SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Mark Fowler who wrote (112695)12/12/2000 8:17:50 PM
From: Slumdog  Read Replies (1) | Respond to of 164684
 
FORMULA FOR DETERMINING FAIR VALUE

F = S [1+(i-d)t/360]

Where F = break even futures price

S = spot index price

i = interest rate (expressed as a money market yield)

d = dividend rate (expressed as a money market yield)

t = number of days from today's spot value date to the value date of the futures contract.