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General Electric stock is priced at $23 on April 24. The current annual rate of interest is 10%. The company is expected to pay a
General Electric stock is priced at $23 on April 24. The current annual rate of interest is 10%. The company is expected to pay a dividend of $1 on May 15. What is the appropriate price for a June futures contract on General Electric that expires on June 20? Assume there are 365 days in a year.
- $21.79
- $22.36
- $23.37
- $24.38
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Financial Regulation In The EU From Resilience To Growth
Authors: Raphaël Douady , Clément Goulet, Pierre-Charles Pradier
1st Edition
