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Question 15 (Mandatory) (2.86 points) Consider the following forward contract scenario: Initiation = October 23, 2014 Expiration = March 21, 2015 Asset = one share

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Question 15 (Mandatory) (2.86 points) Consider the following forward contract scenario: Initiation = October 23, 2014 Expiration = March 21, 2015 Asset = one share of Actions Semiconductor Co., Ltd Forward price = $23.53 For which stock price will this forward contract breakeven? Please input your answer to the closest cent (hence, your answer must include two digits past the decimal), Please do not use commas or dollar signs. Question 15 (Mandatory) (2.86 points) Consider the following forward contract scenario: Initiation = October 23, 2014 Expiration = March 21, 2015 Asset = one share of Actions Semiconductor Co., Ltd Forward price = $23.53 For which stock price will this forward contract breakeven? Please input your answer to the closest cent (hence, your answer must include two digits past the decimal), Please do not use commas or dollar signs

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