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Today's price of Biogen stock is $25.44 per share. Biogen does not pay dividends. Morgan Stanley is quoting a forward price of $26.13 per share.

Today's price of Biogen stock is $25.44 per share. Biogen does not pay dividends. Morgan Stanley is quoting a forward price of $26.13 per share.



For a 7 month forward contract on Biogen stock. What is the implied repo rate?

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