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A $ 90 stock pays $ 3 every 3 months, with the first dividend coming 3 months from today. The continously compounded risk-free rate is

image text in transcribed A \$ 90 stock pays \$ 3 every 3 months, with the first dividend coming 3 months from today. The continously compounded risk-free rate is 7%. a) What is the price of a prepaid forward contract that expires 1 year from today, immediately after the fourth-quarter dividend? $ ? b) What is the price of a forward contract that expires at the same time? $

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