Question: A forward contract on an asset that provides a yield of 3% matures in six months. If the risk-free rate is 5% and the spot

A forward contract on an asset that provides a yield of 3% matures in six months. If the risk-free rate is 5% and the spot price now is $55 per contract. Assuming all rates are quoted with continuous compounding per annum. What is the forward price per contract?

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