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Excercise 4 The Bloomberg Money Desk analyst calculates the forward price of a 9-month forward contract for shares of the ABC Bank, listed on the

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Excercise 4 The Bloomberg Money Desk analyst calculates the forward price of a 9-month forward contract for shares of the ABC Bank, listed on the London Stock Exchange. The share price is currently GBP 94. The analyst assumes that the risk-free interest rate (capitalized on a continuous basis) is equal to 7% and that after 3, 6 and 9 months Bank ABC will pay a dividend of GBP 1.25 per share, and after 12 months will not pay dividends. Calculate the contract price

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