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The dividend yield of a portfolio of shares with current price of 6 7 3 , 0 0 0 is 2 . 8 % pa
The dividend yield of a portfolio of shares with current price of is pa
payable continuously. Calculate the forward price of a oneyear forward contract, based
on the portfolio, if we assume dividends are received continuously and the riskfree rate
of interest is pa effective.
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