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QUESTION
A stock's current price is 209and it has declared dividends of $0.8/share each to be paid in38days,158days,and278days from now.You are purchasing...
A stock's current price is 209 and it has declared dividends of $0.8/share each to be paid in 38 days, 158 days, and 278 days from now. You are purchasing a 300-day forward contract. (Assume that the risk free rate is 2%.)
What is the value of this forward contract 200 days after initiation, if the stock's price at that time is 205?
