If apple costs 150 today interest rates are 10 and apple


1. If Apple costs $130 today, interest rates are 10%, and Apple pays $3 dividend each year, what is the fair forward price of a five year forward?

2. If Apple costs $150 today, interest rates are 10%, and Apple pays $3 dividend each year, what is the fair forward price of a five year forward?

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Finance Basics: If apple costs 150 today interest rates are 10 and apple
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