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Jane want to know the value of a 6-month forward contract (you own) on 100 QSR shares, which has a forward price of $25.
Jane want to know the value of a 6-month forward contract (you own) on 100 QSR shares, which has a forward price of $25. You notice QSR shares are trading at 45 today and you assume the relevant interest rate is 5%. What is the value of your forward contract today? *Round your answer to the nearest three decimals if needed. *Do not type the $ symbol.
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
