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A hypothetical futures contract on a nondividend-paying stock with a current spot price of $170 has a maturity of 1 year. If the T-bill rate
A hypothetical futures contract on a nondividend-paying stock with a current spot price of $170 has a maturity of 1 year. If the T-bill rate is 4%, what should the futures price be? Multiple Choice $176.80 $178.80 $170.00 $163.20
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