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The spot price of an investment asset is $45. It provides a fixed dividend yield of 5% with annual compounding. If the risk-free rate is

The spot price of an investment asset is $45. It provides a fixed dividend yield of 5% with annual compounding. If the risk-free rate is 8% with continuous compounding for all maturities, what is the 2-year forward price?

*uset at least 6 decimal places

38.90

57.90

68.90

47.90

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