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ATX stock is expected to pay dividend of aud 1.5 per share in two months, five months and wight months. Stock price is aud60 and

ATX stock is expected to pay dividend of aud 1.5 per share in two months, five months and wight months. Stock price is aud60 and risk free interest rate is 3% per annum with continuous compounding for all maturities. The investor mr brown has just taken a short position in a nine months forward contract on the ATX stock. Three months later, if the price of the stock is aud 58 and the risk free interest rate doesn't change. What's the forward price and the value of the short position in the forward contract?

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