A non-dividend-paying stock is currently priced at 4657 the


A non-dividend-paying stock is currently priced at $46.57. The risk-free rate is 5.6 percent, and a futures contract on the stock matures in five months. What price should the futures be? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Futures price     $

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Financial Management: A non-dividend-paying stock is currently priced at 4657 the
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