Question
The current price of a non-dividend-paying stock is $40. The risk-free rate of interest is 2.0% per annum with continuous compounding. The one-year forward price
The current price of a non-dividend-paying stock is $40. The risk-free rate of interest is 2.0% per annum with continuous compounding. The one-year forward price should be $__________ if there is no arbitrage opportunities?
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The Development Of The American Public Accounting Profession
Authors: T.A. Lee
1st Edition
0415403944, 9780415403948
