Current location - Trademark Inquiry Complete Network - Futures platform - Title: A stock quotes 40 yuan, and the stock will not pay dividends within two years; Two-year futures quote 50 yuan. An investor borrows money at an annual interest rate of 10%.
Title: A stock quotes 40 yuan, and the stock will not pay dividends within two years; Two-year futures quote 50 yuan. An investor borrows money at an annual interest rate of 10%.
Buy 100 shares without handling fee (the same below). After compound interest, the sum of principal and interest is 4000+400+440=4840 yuan, and the maturity price is X.

Sell 100 two-year futures, the maturity price is set to x, and the available amount at maturity is (5000-X) yuan.

So the amount paid when buying is 4840, and the amount obtained when selling is: X+(5000-X)=5000.

In the end, investors can make a profit of 5000-4840= 160.