What is fair forward price for seven month forward contract

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Reference no: EM131315450

Company A's stock will pay a dividend of $5 in three months and $6 in six months.

The current stock price is $200, and the risk-free rate of interest is 7 percent per year with monthly compounding for all maturities. What is the fair forward price for a seven-month forward contract?

Reference no: EM131315450

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