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A stock is currently selling for $48 a share and has a dividend yield of 1 percent per year. The risk-free rate is 2 percent

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A stock is currently selling for $48 a share and has a dividend yield of 1 percent per year. The risk-free rate is 2 percent per year. What is the 9-month futures price on this stock? Select one: . a $48.27 b. $48.36 . c. $48.72 d. $48.56 e. $48.02

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