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The spot price of oil is $85 per barrel and the cost of storing a barrel of oil for one year is $4.2, payable at

The spot price of oil is $85 per barrel and the cost of storing a barrel of oil for one year is $4.2, payable at the end of the year. The risk-free interest rate is 4% per annum (cont. comp). What is an upper bound for the one-year futures price of oil? (round to the nearest 0.01)

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