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Suppose that the current stock price of VVV firm is trading at 10. Moreover, assume that firm VVV pays no dividends and that the

Suppose that the current stock price of VVV firm is trading at 10. Moreover, assume that firm VVV pays no dividends and that the annual risk-free interest rate is 5% p.a. with continuous compounding. What must be the price of the 6-month maturity futures contract written on AAA stock in order to avoid arbitrage in the market?

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