A one-year long forward contract on an investment asset is entered into when the spot price of the asset is $30. This asset provides an income of $2 at the end of the 3-month and $2 at the end of the 9-month. The risk free rate for all maturities (with continuous compounding) is 10%. What the initial value of the forward contract? Group of answer choices

5.51

28.95

None of the choices provided

1.96

0