future closing price = 100- interest rate +_ ( unexpected basis )
when we should add basis and when we should deduct basis
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ho to calucalted closing futer rate
11y ago#1The futures price and (100 - interest rate) will fall linearly to zero. If the futures price is currently lower, then it will be lower on the date of the transaction. If the futures price is currently higher, then it will be higher on the date of the transaction.
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