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MetLife bought an investment asset that provide an income has a spot price of $95 and the risk-free rate for all maturities is 8% with

MetLife bought an investment asset that provide an income has a spot price of $95 and the risk-free rate for all maturities is 8% with continuous compounding. The asset provides an income of $0.90 at the end of the second quarter and $1.10 the end of the third quarter year. What is the fair forward price for that year?

a. $10.86

b. $111.86

c. $0.91

d. $101.86

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