A stock is currently selling for $48.50 a share and has a dividend yield of 1.8 percent. The risk-free rate is 3.5 percent. What is the 2-month futures price on this stock?
A) $48.27
B) $48.41
C) $48.56
D) $48.64
E) $48.70

Question

Quizplus · Accepted Answer

The Answer of A stock is currently selling for $48.50 a share and has a dividend yield of 1.8 percent. The risk-free rate is 3.5 percent. What is the 2-month futures price on this stock?
A) $48.27
B) $48.41
C) $48.56
D) $48.64
E) $48.70

A Stock Is Currently Selling for $48