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Any answers will be rated immediately :) a. The date is 10 September and the NWORC Ltd is trading at $68.20, the current continuous risk-free

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a. The date is 10 September and the NWORC Ltd is trading at $68.20, the current continuous risk-free interest rate is 2.50%p.a. You have been approached to provide a fair price for an individual share futures contract that expires on 15 December 1. What is the fair price of the futures assuming no dividends? II. What is meant by the term "backwardation" in reference to the futures market? III. Do you expect individual share futures prices would normally be in backwardation or contango? Why

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