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a stock is expected to pay a dividend of $2.40 per share in 1 and in 4 months. The current stock price is $51, and
a stock is expected to pay a dividend of $2.40 per share in 1 and in 4 months. The current stock price is $51, and the risk free interest rate is 7% per annum with continuous compounding for all maturities. An investor has just taken a long position in a 5 month forward contract on the stock. Calculate the forward price.
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