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A stock futures contract is priced at $44. The stock has a dividend yield of 1.35 percent, and the risk-free rate is 3.4 percent. If
A stock futures contract is priced at $44. The stock has a dividend yield of 1.35 percent, and the risk-free rate is 3.4 percent. If the futures contract matures in four months, what is the current stock price? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)
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