A forward contract on an asset that provides a yield of 3% matures in six months. If
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A forward contract on an asset that provides a yield of 3% matures in six months. If the risk-free rate is 5% and the spot price now is $55 per contract. Assuming all rates are quoted with continuous compounding per annum. What is the forward price per contract?
Related Book For
Introduction To Corporate Finance
ISBN: 9781118300763
3rd Edition
Authors: Laurence Booth, Sean Cleary
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