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In an arbitrage free market, shares in a company are traded for a term of 4 years at a price of SEK 127.28. The storage
In an arbitrage free market, shares in a company are traded for a term of 4 years at a price of SEK 127.28. The storage cost is equal to 0 and the company has announced that it will not pay any dividends during the term of the semester. What should the share cost today if the forward price is set at an interest rate of 5.96%? Round your answer to two decimal places, your answer is e.g. 7.2623 answer in that case 7.26.
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