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Apple common shares have a current price of $157.50 and pay their next dividend of $2.00 in six months time. The risk free interest rate
Apple common shares have a current price of $157.50 and pay their next dividend of $2.00 in six months time. The risk free interest rate is 4% per annum. What is the equilibrium price of a futures contract for Apple shares for delivery in six months time
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