7. Based on Exhibits 2 and 3, and assuming annual compounding, the per share value of Troubadours...
Question:
7. Based on Exhibits 2 and 3, and assuming annual compounding, the per share value of Troubadour’s short position in the TSI forward contract three months after contract initiation is closest to:
A. $1.6549.
B. $5.1561.
C. $6.6549.
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