A stock is expected to pay the following dividends in 2015:
June 15, 2015: $0.820
September 15, 2015: $0.728
December 15, 2015: $1.112
The price of the security on May 1 2015 is $50.20. Assuming that interest rate is 1% annually, calculate the forward price of the stock for delivery / execution on December 30, 2015. Assuming: Day-Count convention of actual / 365, and simple compounding.