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Stock B is trading at $1100. The risk-free rate is 1% continuously-compounded for all maturities and the dividend on the stock is $10 each quarter-end.

Stock B is trading at $1100. The risk-free rate is 1% continuously-compounded for all maturities and the dividend on the stock is $10 each quarter-end. What is the six-month forward price of the stock, assuming interest calculations are on a continuously-compounded basis?

Note:I would appreciate it if any of you guys could show the equation so I can understand the problem. Thank you.

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