Question: Question 2 1 pts The current 8-month forward price for one YBM stock is $103.32. Over the next year, the stock pays a single dividend

Question 2 1 pts The current 8-month forward price for one

Question 2 1 pts The current 8-month forward price for one YBM stock is $103.32. Over the next year, the stock pays a single dividend of $2.1 after 7 and a half months. The risk-free rate in the market is 3.1% (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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