Arbitrage-free forward price per share-dixon corporation

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Today's stock price for Dixon Corporation is $34.68 per share and the interest rate for continuous compounding is 2.55%. The stock pays a $1.87 per share dividend 3 months from today. There are no other dividends. What is the arbitrage-free forward price per share for a contract that expires 8 months from today?

Reference no: EM132796814

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