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The S&P stock index level is currently 3400.00. The short-term risk-free interest rate is 3.00%, while the stock index offers a dividend yield of 2.00%

The S&P stock index level is currently 3400.00. The short-term risk-free interest rate is 3.00%, while the stock index offers a dividend yield of 2.00% (both of these rates are continuously compounded). What is the (fair) forward price on a 6-month forward contract (on the S&P stock index)?

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