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Intro A non-dividend-paying stock is currently worth $66. A forward contract on the stock expires in 0.8 years. The T-bill rate is 4% (continuously compounded)

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Intro A non-dividend-paying stock is currently worth $66. A forward contract on the stock expires in 0.8 years. The T-bill rate is 4% (continuously compounded) for all maturities. "Attempt 1/10 for 10 pts. Part 1 What is the forward price? 68.112 Correct Fo = Sert 0.04.0.8 = 66 = 68.15 Part 2 Attempt 6/10 for 10 pts. What is the value of the forward contract to the long? 0+ decima Submit Part 3 Attempt 1/10 for 10 pts. 30 days later, the stock has fallen to $59.86. What is the new forward price? 0+ decima Submit Part 4 "Attempt 2/10 for 10 pts. What is the value of the forward contract to the long? 1+ decima Submit

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