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Posted on Aug 17, 2024

Today's price of Biogen stock is $25.44 per share. Biogen does not pay dividends. Morgan Stanley is quoting a forward price of $26.13 per share

Today's price of Biogen stock is $25.44 per share. Biogen does not pay dividends. Morgan Stanley is quoting a forward price of $26.13 per share for a 7 month forward contract on Biogen stock. What is the implied repo rate?

A4.59%

B.5.80%

C.1.79%

D.2.31%

E.2.46%

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