10. Spot-Futures Parity (LO3, CFA1) A single-stock futures contract is priced at $27.18. The stock has a...

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10. Spot-Futures Parity (LO3, CFA1) A single-stock futures contract is priced at $27.18. The stock has a dividend yield of 1.25 percent and the risk-free rate is 2.5 percent. If the futures contract matures in six months, what is the current stock price?

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Fundamentals Of Investments Valuation And Management

ISBN: 9781260013979

9th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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