Answered You can hire a professional tutor to get the answer.
A stock has a current price of $20. The risk-free interest rate for a half-year maturity is 6% and the dividend rate is 3%. Assume continuous...
15. A stock has a current price of $20. The risk-free interest rate for a half-year maturity is 6% and the dividend rate is 3%. Assume continuous compounding. What is the six-month forward price of the stock? (a) $20.30 (b) $20.61 (c) $20.92 (d) $21.24