The stock of Apple is currently selling for $55/share. If the 3 month risk-free rate is 5%

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The stock of Apple is currently selling for $55/share. If the 3 month risk-free rate is 5% p.a. semi-annual compounding, what is the forward price of a 3-month forward contract to buy one share of Apple?

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Intermediate Accounting

ISBN: 978-1118300855

10th Canadian Edition Volume 2

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy

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Posted Date: Feb 26, 2024 07:02 AM

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The stock of Apple is currently selling for $55/share. If the 3 month risk-free rate is 5%

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Intermediate Accounting

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