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34 . The spot price for one share of ADO stock is $48 . The risk- free rate is 4.5 percent and the market rate

34 . The spot price for one share of ADO stock is $48 . The risk- free rate is 4.5 percent and the market rate is 1 1 . 5 percent . What is the 3 - month futures price of ADO stock if spot - futures parity exists ? 2. $45. 93 b . $47.47 C. $ 47. 98 d. $ 48.53 e. $50. 16

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