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A non-dividend-paying stock is currently priced at $38.42. The risk-free rate is 3.4 percent, and a futures contract on the stock matures in six months.

A non-dividend-paying stock is currently priced at $38.42. The risk-free rate is 3.4 percent, and a futures contract on the stock matures in six months. What price should the futures be? (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Futures price $

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