Today's stock price for Dixon Corporation is $35.29 per share and the interest rate for continuous compounding

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Today's stock price for Dixon Corporation is $35.29 per share and the interest rate for continuous compounding is 2.78%. The stock pays a $1.78 per share dividend 3 months from today. There are no other dividends.

What is the arbitrage-free forward price per share for a contract that expires 9 months from today?

Related Book For answer-question

Advanced Accounting

ISBN: 978-1118037911

1st Canadian Edition

Authors: Gail Fayerman

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Posted Date: Jul 08, 2023 01:38 AM

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Today's stock price for Dixon Corporation is $35.29 per share and the interest rate for continuous compounding

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Advanced Accounting

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