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Stock Q has an expected return of 8%: 5% is the expected capital return, the rest being the dividend yield. Stock Q is currently priced

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Stock Q has an expected return of 8%: 5% is the expected capital return, the rest being the dividend yield. Stock Q is currently priced at $58. If the risk- free interest rate (effective annual) is 5%, calculate the fair futures price on an eight-month contract for stock Q. a. $59.92 O b. $58.77 c. $67.95 d. $59.16

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