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2. Tim Cook, the CEO of Apple Inc., has just announced that the company will not pay any dividends in the next six months. The
2. Tim Cook, the CEO of Apple Inc., has just announced that the company will not pay any dividends in the next six months. The current share price of Apple is $117 and the two-month continuously compounded interest rate is 0.75%. What is the forward price for delivery of one Apple share in two months?
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Fundamentals Of Multinational Finance
Authors: Michael Moffett
6th Global Edition
1292215216, 978-1292215211
