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Xenova stock trades at $200, the Libor yield curve is at a level of 6%, and the stock pays a $1 dividend each 3 months
Xenova stock trades at $200, the Libor yield curve is at a level of 6%, and the stock pays a $1 dividend each 3 months with the next four expected payments to be in 45, 135, 225, and 315 days. Dividends are being payed discretely, so what is the theoretical futures prices for futures contracts on that stock that matures in :
a) 20 days
b) 110 days
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