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Question 1 (5 points) A stock price is currently $56. It is assumed that at the end of six months it will be either $33
Question 1 (5 points) A stock price is currently $56. It is assumed that at the end of six months it will be either $33 or $70. The risk-free interest rate is 3.3% per annum with continuous compounding. The stock doesn't pay dividends. One-step binomial tree is used to value options. What is the value of a forward contract on the stock with the same a maturity as the six-month call and put options? Round your final result to the nearest cents and input one number only, without units or percentage sign [%], using the dot [.] to separate decimals. Your
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