Question
A stock futures contract is priced at $50.49. The stock has a dividend yield of 1.25 percent, and the risk-free rate is 3.25 percent. If
A stock futures contract is priced at $50.49. The stock has a dividend yield of 1.25 percent, and the risk-free rate is 3.25 percent. If the futures contract matures in two months, what is the current stock price? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)
| Stock price | $ |
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Business Analysis And Valuation Using Financial Statements Text And Cases
Authors: Krishna G. Palepu, Paul M. Healy, Victor Lewis Bernard, W.Gordon Filby
2nd Edition
0324015658, 9780324015652
