Question: Please show all work and formulas used. Round to 4 decimal places. The continuously compounded interest rate is 8% per year, and the nine-month forward

Please show all work and formulas used. Round to 4 decimal

Please show all work and formulas used. Round to 4 decimal places.

The continuously compounded interest rate is 8% per year, and the nine-month forward price for platinum is $1,600. What is today's spot price of platinum

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