Question: Consider a long forward contract on a share (stock) with a current price of $51 and the risk-free rate is 0.19 per year (in decimal

Consider a long forward contract on a share (stock) with a current price of $51 and the risk-free rate is 0.19 per year (in decimal places) for all maturities, the stock pays a dividend of $ 0.72 every 0.4 years. The next dividend is due in 0.4 months. What should the 1 year forward price be?

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