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Assume an asset is priced at $950. If the risk free rate is 5.00%, storage costs for the asset are $15 payable in advance, and
Assume an asset is priced at $950. If the risk free rate is 5.00%, storage costs for the asset are $15 payable in advance, and the asset is expected to pay a single $10 dividend in 6-months, what should a one year forward be priced at (assume annualized compounding)? (round to the nearest cent)
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