Question: Find the price bounds for the five- month forward price for Boring Unreliable Gadgets when - BUGs stock price S is $50 today - A

Find the price bounds for the five- month forward price for Boring Unreliable Gadgets when
- BUG’s stock price S is $50 today
- A trader can borrow money at 5 percent and lend money at 4 percent, where the interest rates are annual simple interest rates
- A brokerage commission of 0.5 percent of the stock price is charged today but your broker waives transaction costs on the maturity date

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