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Question

$1.00 Please help with finance HW

  • From Business: Finance
  • Closed, but you can still post tutorials
  • Due on Aug. 11, 2011
  • Asked on Aug 11, 2011 at 2:55:56PM
Asked by :
la6039
la6039
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Questions Asked: 51
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Q:
A stock is expected to pay a dividend of $2.30 per share in 2 months and in 5 months. The stock price is $51, and the risk-free interest rate is 10% per annum with continous compounding for all maturities. An investor has just taken a short position in a six-month forward contract on the stock. What is the forward price?