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Suppose that a stock is expected to pay a dividend of 5 per share in 6 months. The one-year forward price for the stock is

Suppose that a stock is expected to pay a dividend of 5 per share in 6 months. The one-year forward price for the stock is 3.24 more than the current price of the stock, and 8.05 more than the one-year prepaid forward price. Calculate the one-year prepaid forward price.

Group of answer choices

95.93

101.92

103.92

99.92

97.92

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