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Question
The spot rate on a non-dividend-paying stock is $42.30. The risk-free rate is 3.75 percent and the market rate is 11.50 percent. What is the three-month futures rate if spot-futures parity exists?A. $42.14
B. $42.54
C. $42.69
D. $42.82
E. $43.89
Answer
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Related questions
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