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Apple share is currently trading at $100 per share and paying a 1% dividend quarterly. The current prevalent risk-free rate is 5% annually. Calculate Apple's

Apple share is currently trading at $100 per share and paying a 1% dividend quarterly. The current prevalent risk-free rate is 5% annually. Calculate Apple's 3-month forward price. (note you are looking for a 3-month forward rate, not annual).

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