omwoyofrank2030 omwoyofrank2030

13-03-2024
Mathematics

contestada

Two months ago, an investor agreed to sell a bond 4 months after the start date if the
contract. The price after the start of the contract was Ksh. 8690. The current price is Ksh.
9010 and the rate of interest is 4% pa. calculate the forward price.

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