Implied dividend yield from a forward

MediumFinance & Derivatives~4m

A stock trades at $100, the risk-free rate is $r=5\%$ continuously compounded, and the 1-year forward is observed to trade at $101.51. Assuming no arbitrage, what continuous dividend yield $q$ is the market implying? (in percent, to 2 decimals)

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$F = S\,e^{(r-q)T}$ - invert for $q$ .
$q = r - \tfrac1T\ln(F/S)$ .

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3.5 (± 0.05)

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Implied dividend yield from a forward

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