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Assume that an investment asset is expected to pay income of $0.35 in 3 months, 6 months, 9 months, and 12 months. The spot

Assume that an investment asset is expected to pay income of $0.35 in 3 months, 6 months, 9 months, and 12 months. The spot price of the investment asset is $51. If the risk-free rate of interest (continuously compounded) is 10%: a. What is the three-month forward price? b. What is the one-year forward price?

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