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Suppose you enter into a 4.0 month forward contract on one ounce of silver when the spot price of silver is $9.0 per ounce and

Suppose you enter into a 4.0 month forward contract on one ounce of silver when the spot price of silver is $9.0 per ounce and the risk-free interest rate is 6.5 percent continuously compounded. What is the forward price? 19.6044 9.1971 8,8071 11.672

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