Question
The Technology Industries pays dividends of $1 per quarter on its common stock traded at the spot price of $90. Next dividend is paid one
The Technology Industries pays dividends of $1 per quarter
on its common stock traded at the spot price of $90. Next dividend is paid one month
from now. What is the six-month futures price of the Technology Industries' stock? The
interest rate is 5% over the life of the contract.
What should I do after calculating the Pv ? what interest rate I need to use in order to calculate the FV?
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Dividend 1 Dividend will be paid after 1 month and then af...
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Principles of Accounting
Authors: Belverd Needles, Marian Powers, Susan Crosson
10th edition
618736611, 978-1111809508, 111180950X, 978-0618736614
