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given: (1)The current price of a stock is 30. (2)A dividend of 1 will be paid 6 months from now. (3)The one-year forward price is

given:

(1)The current price of a stock is 30.

(2)A dividend of 1 will be paid 6 months from now.

(3)The one-year forward price is 30.9.

Calculate the continuously compounded risk-free annual rate of interest.

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