The Technology Industries pays dividends of $1 per quarter
on its common stock traded at the spot price of $90. Next dividend is paid one month
from now. What is the six-month futures price of the Technology Industries' stock? The
interest rate is 5% over the life of the contract.

What should I do after calculating the Pv ? what interest rate I need to use in order to calculate the FV?

Answer rating: 100% (QA)

Dividend 1 Dividend will be paid after 1 month and then af... View the full answer