The spot price of silver is $25 per ounce. The storage costs are $0.25 per ounce per year payable quarterly in advance. (In other words, storage cost for that quarter is paid at the beginning of that quarter.) Assuming that continuously compounded interest rates are 5.6% per annum for all maturities, calculate the forward price of silver for delivery in 9 months.

Round to at least 4 decimals unless otherwise stated. All the answers should be numeric. You can only use . for separating decimals, and for negative results. Do not use any other alphanumeric characters, including , for separating thousands or + for positive results.