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A non - dividend - paying stock has a current share price of $ 3 8 . 8 6 and a futures price of $

A non-dividend-paying stock has a current share price of $38.86 and a futures price of $39.01. If the maturity of the futures contract is two months, what is the risk-free rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

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