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You're an investor in futures contracts. The spot price of a futures contract on an asset is $ 5 5 and matures in 3 years.

You're an investor in futures contracts. The spot price of a futures contract on an asset is $55 and matures in 3 years. Assume that the risk-free rate is 6% per annum with continuous compounding.a) Determine the fair price of the contract. (Enter numeric value only, no dollar sign or comma. Keep 2 decimal places)

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