Question: finance Consider a 12-month forward contract on a stock when the stock price is $57. Risk-free rate is 9% and dividends of $0.28 per share
Consider a 12-month forward contract on a stock when the stock price is $57. Risk-free rate is 9% and dividends of $0.28 per share are expected after 3 months, 243 (multiply the two numbers to get the number of months) months, and 3-3 (multiply the two numbers to get the number of months) months. What is the price of the 12-month forward contract? Consider a 12-month forward contract on a stock when the stock price is $57. Risk-free rate is 9% and dividends of $0.28 per share are expected after 3 months, 243 (multiply the two numbers to get the number of months) months, and 3-3 (multiply the two numbers to get the number of months) months. What is the price of the 12-month forward contract
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