Non dividend-paying stock with a current spot price

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Reference no: EM13922176

A hypothetical futures contract on a non dividend-paying stock with a current spot price of $160 has a maturity of 1 year. If the T-bill rate is 5%, what should the futures price be?

A) $170.00

B) $168.00

C) $152.00

D) $160.00

Reference no: EM13922176

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