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A stock is currently priced at $30 and is expected to pay a dividend of $0.30 20 days and 65 days from now. What is

A stock is currently priced at $30 and is expected to pay a dividend of $0.30 20 days and 65 days from now. What is the contract price for a 60-day forward contract when the interest rate is 5%?

After 37 days, the stock in Question 1 is priced at $21, and the risk-free rate is still 5%. What is the value of the forward contract on the stock to the short position?

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