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A 9-month forward price on a non-dividend paying stock is entered into. What is the...

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Finance

A 9-month forward price on a non-dividend paying stock is entered into. What is the forward price if the spot price is $20 and the risk free interest rate (with continuous compounding) is 4% per year? Six months later the stock price is $30 and the risk free rate is still 4%, what is the value of the forward agreement?

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