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A one-year long forward contract on a non-dividend-paying stock is entered into in January when the stock price is $42 and the risk-free rate of

A one-year long forward contract on a non-dividend-paying stock is entered into in January when the stock price is $42 and the risk-free rate of interest is 10% per annum with continuous compounding. Six months later, in June, the price of the stock is $35 and the risk-free interest rate is still 10%. What is the forward price?

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