Equity Forward Pricing Calculation

Jason is evaluating an equity forward contract for a stock currently trading at $50. The contract specifies a settlement date in six months. The risk-free rate is 4% per annum (compounded continuously), and the company is expected to pay a dividend of $2 per share during this period. Jason wants to determine the fair forward price of the stock at the expiry of the contract.

Using the appropriate pricing model for equity forwards, what is the fair forward price?