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3) Suppose that you enter into a six-month forward contract on a non-dividend-paying stock when the stock price is $30 and the risk-free interest rate

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3) Suppose that you enter into a six-month forward contract on a non-dividend-paying stock when the stock price is $30 and the risk-free interest rate (with quarterly compounding) is 12% per annum. a) What is equivalent continuously compounding rate? b) What is the forward price

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