which of the following statements is/are true with respect to the fair value of an index futures contract, if
all the other things remain constant? i an increase in the risk free rate increases the fair value of the futures contract.ii. a decrease in the risk free rate increases the fair value of the futures contract.<iii. a reduction in the dividend yield reduces the fair value of futures contract.
1 only i above
2 only ii above
3 only iii above
4 both I and iii above