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The spot price of an asset is $50. The expected return on the asset is 10% a year (in simple terms) and the standard deviation
The spot price of an asset is $50. The expected return on the asset is 10% a year (in simple terms) and the standard deviation of these returns is 20%. The risk-free rate of interest is 5% a year in simple terms. Assuming no costs or benefits of carry, what is the one-year forward price of the asset
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