A stock is currently selling for 50 a share the stock is, Financial Management

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A stock is currently selling for 50 a share the stock is

A stock is currently selling for $50 a share. The stock is not expected to pay any dividends over the next 3 years. The annual risk-free rate with continuous compounding is 5%. Find the three-year forward price for the stock.

A. 52.50 B. 52.56 C. 57.88 D. 58.09 E. 59.92

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