A $50 stock pays a $1 dividend every 3 months, with the first dividend coming 3 months

Question:

A $50 stock pays a $1 every 3 months, with the first coming 3 months from today. The continuously compounded risk-free rate is 6%.
a. What is the price of a prepaid forward contract that expires 1 year from today, immediately after the fourth-quarter What is the price of a forward contract that expires at the same time? Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...