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The spot price of silver is $ 1 4 . 2 5 per ounce. The storage costs are proportional and equal to 0 . 7
The spot price of silver is $ per ounce. The storage costs are proportional and equal to per ounce per annum continuously compounded.
Assuming that interest rates are per annum for all maturities, calculate the futures price of silver for delivery in months. Answer with two digits decimal accuracy. Example:
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