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14. A hypothetical 6-month futures contract on a non-dividend-paying stock has a price of $110.13. The current spot price is $100 and the interest rate

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14. A hypothetical 6-month futures contract on a non-dividend-paying stock has a price of $110.13. The current spot price is $100 and the interest rate is 10% per annum with continuous compounding. The arbitrage profit per share implied by these prices? A) $10.13 B) $8.02 C) $7.00 D) $5.00

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