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A non-dividend-paying stock has a futures contract with a price of $79.2 and a maturity of nine months. If the risk-free rate is 4.5 percent,
A non-dividend-paying stock has a futures contract with a price of $79.2 and a maturity of nine months. If the risk-free rate is 4.5 percent, what is the price of the stock?
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Entrepreneurial Finance
Authors: Simon Hulme, Chris Drew
1st Edition
1352009811, 978-1352009811
