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A stock is currently priced at 200. the continuously compounded risk-free rate of interest if r%. the two-year forward price of the stock is 208.

A stock is currently priced at 200. the continuously compounded risk-free rate of interest if r%. the two-year forward price of the stock is 208. the stock pays a dividend of 1 at the end of each year. at the end of the second year, the dividend is paid before delivery of the two-year forward. determine r, rounded to at least three decimal places.

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