A stock is currently selling for $38.50 a share and has a dividend yield of 1.75%. The risk-free rate is 3.5%. What is the 2-month futures price on this stock?
A)$38.27
B)$38.41
C)$38.56
D)$38.61
E)$38.70

Question

Quizplus · Accepted Answer

The Answer of A stock is currently selling for $38.50 a share and has a dividend yield of 1.75%. The risk-free rate is 3.5%. What is the 2-month futures price on this stock?
A)$38.27
B)$38.41
C)$38.56
D)$38.61
E)$38.70

A Stock Is Currently Selling for $38