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show steps 2. Microsoft stock is currently trading for $100. Microsoft is expected to pay a quarterly dividend of $1 with the next dividend to
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2. Microsoft stock is currently trading for $100. Microsoft is expected to pay a quarterly dividend of $1 with the next dividend to be paid in 3 months. The risk-free rate is 6% compounded continuously. Calculate the price of a one-year prepaid forward contractStep by Step Solution
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