A stock has a current price of $20.The risk-free interest rate for a half-year maturity is 6% and the dividend rate is 3%.Assume continuous compounding.What is the six-month forward price of the stock?
A)$20.30
B)$20.61
C)$20.92
D)$21.24

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The Answer of A stock has a current price of $20.The risk-free interest rate for a half-year maturity is 6% and the dividend rate is 3%.Assume continuous compounding.What is the six-month forward price of the stock?
A)$20.30
B)$20.61
C)$20.92
D)$21.24

A Stock Has a Current Price of $20