Respuesta :
The answer to the given question about 6-month future price if spot-futures parity exists is: Future price = $24 (1 + 0.028)^(1 / 2) = $24.33.
The current price in the market at which a certain asset—like a securities, commodity, or currency—can be bought or sold for immediate delivery is known as the spot price. While spot prices are location- and time-specific, they tend to be reasonably consistent around the globe in a global economy when currency rates are taken into account. A futures price, in contrast to the spot price, is the established cost for the asset's upcoming delivery. The most frequent use of the term "spot price" refers to the price of commodity futures contracts, such as those for oil, wheat, or gold. Stocks always trade at spot, which explains this that you buy them at the given spot.
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