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As soon as you conclude the paperwork related to Mrs. Johnson transactions, your boss calls you. He wants to know the price of a 4

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As soon as you conclude the paperwork related to Mrs. Johnson transactions, your boss calls you. He wants to know the price of a 4 months forward contract on F. You quickly find out that interest rates are 0.42% per month (5% annual rate) and that Fshares are being traded at $12. You do the math and send him an email with the price. Please round your answer to the nearest three decimals, if needed

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