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QUESTION 4 Suppose that you enter into a 9-month forward contract on a non-dividend-paying stock when the stock price is $21 and the risk- free

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QUESTION 4 Suppose that you enter into a 9-month forward contract on a non-dividend-paying stock when the stock price is $21 and the risk- free interest rate (with continuous compbunding) is 9% per annum. What is the forward price? (Please round your answer to two decimal places)

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