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Assume a 9-month forward contract on a stock is currently $40 and its PV I is $1.98. The risk-free rate of interest (continuously compounded) is
Assume a 9-month forward contract on a stock is currently $40 and its PV "I" is $1.98. The risk-free rate of interest (continuously compounded) is 7% per annum. What is the forward contract price? $28.45$41.25$40.25$29.45
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