Question
2. I am selling my Subaru forester in two years. The current spot price for a used forester is $23,000. The cost for keeping the
2. I am selling my Subaru forester in two years. The current spot price for a used forester is $23,000. The cost for keeping the car is about $3,000 (gas, insurance, maintenance and so on) per year. Then what should the fair forward price be, if the risk-free rate is 2%? A. $30,171 B. $27,050 C. $26,520 D. $23,929
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An Introduction to Investment Banks, Hedge Funds, and Private Equity
Authors: David P. Stowell
1st edition
978-0123745033, 0123745039, 978-9380931074
