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The spot price of an investment asset is $30 and the risk-free rate for all maturities is 10% p.a. with continuous compounding. The asset provides

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The spot price of an investment asset is $30 and the risk-free rate for all maturities is 10% p.a. with continuous compounding. The asset provides an income of $2 at the end of the first year and at the end of the second year. What is the three-year forward price? Select one alternative $45.15 $35.84 $19.67 $40.50

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