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IBM is currently traded at $ 1 2 5 . The stock pays quarterly dividend of $ 1 . 6 3 per share. Assume that
IBM is currently traded at $ The stock pays quarterly dividend of $ per share. Assume that this is the beginning of a quarter so that the next dividend will be paid exactly one quarter from now. Assume a constant and continuously compounding interest rate on dollar at What should be the year forward price on IBM? Round to decimals
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