A long forward contract on a non-dividend-paying stock was, Ask an Expert

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A long forward contract on a non-dividend-paying stock was entered into some time ago. It currently has 7 months to maturity. The risk-free rate with continuous compounding is 7.2% per annum, the stock price is $36.7 and the delivery price is $30. Calculate the value of the forward contract?

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Financial Management, Finance

Category:- Financial Management
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