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A stock's current price is 209 and it has declared dividends of $0.8/share each to be...

A stock's current price is 209 and it has declared dividends of $0.8/share each to be paid in 38 days, 158 days, and 278 days from now. You are purchasing a 300-day forward contract. (Assume that the risk free rate is 2%.)

What is the value of this forward contract 200 days after initiation, if the stock's price at that time is 205?

Provide the value of the contract rounded to two decimals.

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