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4. The current spot price of the stock of Fly By Night Industries is 150. Fly By Night Ind. pays a quarterly dividend of 3.

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4. The current spot price of the stock of Fly By Night Industries is 150. Fly By Night Ind. pays a quarterly dividend of 3. The next dividend will be paid in two months. The risk free interest rate compounded continuously is 5%. Calculate the forward price for a one year forward contract. 5. The one year forward price for the stock of The Moving Pictures Moving Company (Ticker Symbol YYZ) is 296.53. YYZ pays a quarterly dividend of 10 with the next dividend payable in 2 months. The risk free interest rate is 5% compounded continuously. Calculate the current spot price of YYZ stock. An Index has a current price of 2112. The risk free interest rate is 3.5% compounded continuously. The Index pays at a dividend rate of 6%. Determine the forward price of the index to be delivered in 20 months

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