Question
Consider a forward contract which allows you to buy/sell a non-dividend paying stock in nine months. Assume the current stock price is $35.88 and the
Consider a forward contract which allows you to buy/sell a non-dividend paying stock in nine months. Assume the current stock price is $35.88 and the nine-month risk free interest is 3.83% per year. What should be the forward price?
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American Public School Finance
Authors: William A. Owings, Leslie S. Kaplan
3rd Edition
113849996X, 978-1138499966
