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Suppose that the price of a stock is $50 at the beginning of the year, the risk free continuously compounded interest rate is 5%, and
Suppose that the price of a stock is $50 at the beginning of the year, the risk free continuously compounded interest rate is 5%, and a $2 dividend is to be paid after half a year. For a long forward position with delivery in one year, find its value after 9 months if the stock price at that time turns out to be $48
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