Question: Question 2 1 pts The current 5-month forward price for one YBM stock is $103.40. Over the next year, the stock pays a single dividend

Question 2 1 pts The current 5-month forward price for one

Question 2 1 pts The current 5-month forward price for one YBM stock is $103.40. Over the next year, the stock pays a single dividend of $3.6 after 8 and a half months. The risk-free rate in the market is 2.5% (continuously compounded). What is the current price of YBM stock if the market is free of arbitrage? [Provide your answer as a Dollar amount rounded to two decimal places.)

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