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The current price of a stock is So = 100. This stock will pay a dividend of 6 exactly one month from now, and then

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The current price of a stock is So = 100. This stock will pay a dividend of 6 exactly one month from now, and then another dividend of 6 exactly four months from now. The interest rate is r=4% per year compounded continuously. Consider a forward contract on the stock that expires at time T = 6 months. What is the forward price, Fot, to the nearest penny? 100.00 91.69 89.88 88.10 102.02

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