Question: Suppose that a commoditys forward prices for 1 year, 2 years, and 3 years are$143, $149, and $174 respectively. The 1-year effective annual interest rate

Suppose that a commoditys forward prices for 1 year, 2 years, and 3 years are$143, $149, and $174 respectively. The 1-year effective annual interest rate is 6.1% the 2-year interest rate is 5.6%, and the 3-year interest rate is 5.3%. What is the 3-year swap price?

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