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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 673,000 is 2.8% pa
payable continuously. Calculate the forward price of a one-year forward contract, based
on the portfolio, if we assume dividends are received continuously and the risk-free rate
of interest is 4.6028% pa effective.

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