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a . A single - stock futures contract on a non - dividend - paying stock with current price $ 2 6 0 has a

a. A single-stock futures contract on a non-dividend-paying stock with current price $260 has a maturity of 1 year. If the T-bill rate is 5%, what should the futures price be?(Round your answer to 2 decimal places.)
b. What should the futures price be if the maturity of the contract is 4 years? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
c. What should the futures price be if the interest rate is 8% and the maturity of the contract is 4 years? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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