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Consider a 7-month forward contract on Apple Computer Inc. (AAPL). The current price of one share is $208, and the annual continuously compounded risk-free interest
Consider a 7-month forward contract on Apple Computer Inc. (AAPL). The current price of one share is $208, and the annual continuously compounded risk-free interest rate is 5%. Whats the no-arbitrage forward price of the stock?
Please round the number solution to 2 decimal places, such as 31.23.
Your answer: $_________________.
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