The current price of a stock is 400 per share and it pays, Financial Management

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The current price of a stock is 400 per share and it pays

Forward contract on a stock

The current price of a stock is $400 per share and it pays no dividends. Assuming a constant interest rate of 8% per year compounded quarterly, what is the stock's theoretical forward price for delivery in 9 months? Please submit your answer rounded to two decimal places so for example.

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Financial Management: The current price of a stock is 400 per share and it pays

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Financial Management: The current price of a stock is 400 per share and it pays

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