Question
Question 21 The management of Alphabet Inc. has declared dividends of $10/share to be paid in 60 days and $10/share to be paid 150 days
Question 21
The management of Alphabet Inc. has declared dividends of $10/share to be paid in 60 days and $10/share to be paid 150 days from now. Currently, the stock is trading at $1,084 and the risk free rate is 2%. What is the price on a 180-day forward contract?
Provide your answer rounded to two decimals.
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
