Question
The Technology Industries pays dividends of $1 per quarter on its common stock traded at the spot price of $90. Next dividend is paid one
The Technology Industries pays dividends of $1 per quarter on its common stock traded at the spot price of $90. Next dividend is paid one month from now. What is the six-month futures price of the Technology Industries' stock? The interest rate is 5% over the life of the contract.
What sould I do after calaulting the Pv ? what interst rate I need to use in order to calculate the FV?
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
