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A hypothetical futures contract on a nondividend-paying stock with a current spot price of $150 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 $150 has a maturity of 1 year. If the T-bill rate is 6%, what should the futures price be? Multiple Choice $161.00 $150.00 $141.00 $159.00

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