Question: 1 3 . Suppose you have a forward contract on a stock index that pays continuous dividends at a rate of 1 . 5 %

13. Suppose you have a forward contract on a stock index that pays continuous dividends at a rate of 1.5% per year. If the current price of the index is S0=1,200, the risk-free interest rate is 3%, and the contract matures in 9 months, calculate the forward price.
13. Suppose you have a forward contract on a stock index

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