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Suppose that Apple sells for $330/share. The the term structure is flat at 1.5% (APR with semi-annual compounding). Suppose that over the next year, Apple

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Suppose that Apple sells for $330/share. The the term structure is flat at 1.5% (APR with semi-annual compounding). Suppose that over the next year, Apple will pay only a single dividend of $3.30/share at t= 1/2 (to whoever owns the stock at t= 1/2.) (a) (8 points) What is the forward price, F?, of Apple for delivery in one year at T = 1

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