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A non-dividend-paying stock has a current share price of $41.15 and a futures price of $41.67. If the maturity of the futures contract is four
A non-dividend-paying stock has a current share price of $41.15 and a futures price of $41.67. If the maturity of the futures contract is four months, what is the risk-free rate?
$41.67 = $41.15(1 + R)4/12
I need help solving for R.
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