Consider a 10 -month forward contract on 100 shares of stock when the stock price is $50. The risk-free interest rate is continuously compounded at 8% per annum for all maturities. Dividends of $0.75 per share are expected after 3 months, 6 months, and 9 months. What should be the equilibrium forward price now? What arbitrage opportunity is possible if the forward price for a contract is $46? - F0=$46