Question: consider a long forward contract on a share ( stock) with a current price of $57 and the risk-free rate is 0.5 per year (

consider a long forward contract on a share ( stock) with a current price of $57 and the risk-free rate is 0.5 per year ( in decimals) for all the maturities, the stock pays a dividend of $0.92 every 0.47 years. The next dividend is due in 0.47 months. what should the 1-year forward price be?

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