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Business, 12.12.2019 06:31 Angelanova69134

The spot price of an investment asset is  $25  and the risk-free rate is  8%,  8.5%  and  9.5%  for one-year-,  two-year-  and three-year-maturity,  respectively.  the asset provides an income of  $4  at the end of the first year and at the end of the second year. what is the three-year forward price?

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