i) ii) In the context of no arbitrage in financial markets define the "Law of One Price". [2] Calculate the price for an 8 month forward contract on an asset that pays dividends of 10 per quarter where the dividends are paid quarterly in advance and the next dividend is due in exactly 3 months. The current price of the asset is 50. Assume a risk free rate of interest of 5% per annum convertible half yearly and no arbitrage. [5]