A non-dividend-paying stock has a futures contract with a


A non-dividend-paying stock has a futures contract with a price of $72.4 and a maturity of three months. If the risk-free rate is 2.5 percent, what is the price of the stock? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Stock price $

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Financial Management: A non-dividend-paying stock has a futures contract with a
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