Question
The spot price for a non-dividend-paying stock is $24. The risk-free rate is 3.2 percent and the market rate is 11.8 percent. What is the
The spot price for a non-dividend-paying stock is $24. The risk-free rate is 3.2 percent and the market rate is 11.8 percent. What is the 6-month futures price of this stock if spot-futures parity exists?
| $24.54 | |
| $24.70 | |
| $24.59 | |
| $24.41 | |
| $24.38 |
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Local Public Finance
Authors: René Geissler, Gerhard Hammerschmid, Christian Raffer
1st Edition
3030674681, 978-3030674687
