Which expires immediately after the second dividend

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Reference no: EM131071425

Company plans to pay a $1.10 dividend per share in 3 months and a $1.15 dividend in 6 months. HAW's share price today is $45.60 and the continuously compounded quarterly interest rate is 2.1%. What is the price of a forward contract, which expires immediately after the second dividend?

A) $45.28

B) $45.96

C) $45.60

D) $46.24

Reference no: EM131071425

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