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Determine the forward price of a stock that pays a known income of $2 per share in 6 months. The current stock price is $50,

Determine the forward price of a stock that pays a known income of $2 per share in 6 months. The current stock price is $50, and the annual risk-free rate is 3% (with continuous compounding). The forward contract expires in 1 year. Assume that the semiannual continuously compounded interest rate is also 3%. (Kindly provide the answer rounded to the second decimal place and without the unit '$")

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