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7 . Shares of ABC Ltd are traded at Rs . 3 3 3 on the exchange. Compute the fair price of a 2 -

7. Shares of ABC Ltd are traded at Rs.333 on the exchange. Compute the fair price of a 2-month futures contract on shares of ABC Ltd assuming a continuously compounded interest rate of 8% p.a. What should be the fair price of the 2-month futures contract if the company is expected to pay a dividend of Rs.12 after 15 days?

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