Question
Macquarie Infrastructure pays a quarterly dividend of $2.25.Their next dividend is due 3 months from today.Macquarie currently trades for $64 per share.The continuous risk-free rate
Macquarie Infrastructure pays a quarterly dividend of $2.25.Their next dividend is due 3 months from today.Macquarie currently trades for $64 per share.The continuous risk-free rate is 3%.What should the4 month forward pricebe for Macquarie?
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
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