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Tribbles Are Soft,furry Creatures That Reproduce Themselves by Dividing (Like

Question 97

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Tribbles are soft,furry creatures that reproduce themselves by dividing (like amoebas do)into two tribbles every 60 days.If a tribble now costs $1,what should be the price of a forward contract that expires in 60 days (immediately after the reproduction takes place)for one tribble?

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Assuming 30 days a month,if one tribble ...

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