Question
The spot price of an investment asset that provides no income is $49 and the risk-free rate for all maturities (with continuous compounding) is 11%.
The spot price of an investment asset that provides no income is $49 and the risk-free rate for all maturities (with continuous compounding) is 11%. What is the 3-year forward price? (Please round your answer to two decimal places)
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Financial Stability Website Fraud Confidence And The Wealth Of Nations
Authors: Frederick L. Feldkamp, R. Christopher Whalen
2nd Edition
1118935799, 978-1118935798
