23. You bought a forward sometime ago, and its value today is $6. It is going to mature after three more months. Todays spot price is $92, and the continuously compounded interest rate is 10% per annum. What is the delivery price of your forward contract?

a.

$86.63

b.

$87.41

c.

$87.92

d.

$88.39

e.

$88.17