Question
A long forward contract on a non-dividend-paying stock was entered into some time ago. It currently has 11 months to maturity. The risk-free rate with
A long forward contract on a non-dividend-paying stock was entered into some time ago. It currently has 11 months to maturity. The risk-free rate with continuous compounding is 6.2% per annum, the stock price is $35.51 and the delivery price is $30. Calculate the value of the forward contract?
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ISE Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
12th International Edition
1265450099, 9781265450090
