Question: Please note there are 6 dividends. You are given the following information about Stock XYZ: (i) The current price of the stock is 35 per

Please note there are 6 dividends. You are given the following

Please note there are 6 dividends.

You are given the following information about Stock XYZ: (i) The current price of the stock is 35 per share. (ii) The expected continuously compounded rate of return is 8% (ii) The stock pays semi-annual dividends of 0.32 per share, with the first dividend will be paid two months from now. The continuously compounded risk-free interest rate is 4%. (iv) Calculate the current three-year forward price for stock XYZ

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