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Posted on Jun 06, 2024

The current price of a stock is $400 per share and it pays no dividends. Assuming a constant interest rate of 8% per year compounded

The current price of a stock is $400 per share and it pays no dividends. Assuming a constant interest rate of 8% per year compounded quarterly, what is the stock's theoretical forward price for delivery in 9 months?

Please submit your answer rounded to two decimal places so for example, if your answer is 567.1234 then you should submit an answer of 567.12

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