A non-dividend-paying stock is currently priced at 3829


A non-dividend-paying stock is currently priced at $38.29. The risk-free rate is 4.1 percent, and a futures contract on the stock matures in five months. What price should the futures be? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Futures price $

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Financial Management: A non-dividend-paying stock is currently priced at 3829
Reference No:- TGS02411869

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