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Intro You anticipate the receipt of money in 200 days, which you will use to purchase stocks in a particular company. The stock is currently
Intro You anticipate the receipt of money in 200 days, which you will use to purchase stocks in a particular company. The stock is currently selling for $71 and will pay a $0.5 dividend in 50 days and another $0.6 in 140 days. The effective annual risk-free rate is 7%. You go long a forward contract on the stock. Part 3 | Attempt 1/10 for 10 pts. On the expiration day, the stock price is $69.13. What is the value of the forward contract? 2+ decimals Submit
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