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The 6-month futures price on a non-dividend-paying stock is $54.42. The risk-free rate is 3.52 percent and the market rate is 12.51 percent. What's the

The 6-month futures price on a non-dividend-paying stock is $54.42. The risk-free rate is 3.52 percent and the market rate is 12.51 percent.

What's the spot rate for this stock if spot-futures parity exists?

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