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The spot price of a stock is $52.25 and the stock pays continuous dividends at a rate of 3%. An investor buys 1 share of

The spot price of a stock is $52.25 and the stock pays continuous dividends at a rate of 3%. An investor buys 1 share of this stock and reinvests all dividends in the stock. The continuously compounded risk-free interest rate is 4%. After 6 months, the stock is sold and the investor realises a loss of $2.38. What is the price of the stock at that time?

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