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This assignment repeats the work done in class using a company named Nodiv. The current share price of Nodiv stock is $ 5 0 ,

This assignment repeats the work done in class using a company named Nodiv.
The current share price of Nodiv stock is $50, and it pays no dividends.
Thus, the 1-year forward price is $53.00, assuming the risk-free interest rate is 6%.
Write the payoff in the table from a long futures position where you are obligated to buy at
the contract price. Write the payoff in the table from a short futures position where you are
obligated to sell at the contract price. Draw the payoff diagram for each position.
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