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XYZ stock has a share price of $125 today. All rates of interest are 5% per year with continuous compounding. Finally, XYZ is scheduled to
XYZ stock has a share price of $125 today. All rates of interest are 5% per year with continuous compounding. Finally, XYZ is scheduled to pay the following dividends per share over the next year: a dividend of $3.0 per share in three months and a dividend of $3.0 per share in six months. Derive todays forward price of the stock for delivery in nine months.
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