Calculate the fair price of a 120-day forward contract for Company A's stock, On the spot market,

Fantastic news! We've Found the answer you've been seeking!

Question:

Calculate the fair price of a 120-day forward contract for Company A's stock, On the spot market, Company A's stock is traded at $67,
Company A will pay a dividend of $4 per share in 100 days. The risk-free interest rate in US dollars is 1.75% per annum. The basis of calculation
is fact. / 365.