The current price of 1 troy ounce of Silver is $893.37. Silver has a continuous dividend yield
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Question:
The current price of 1 troy ounce of Silver is $893.37. Silver has a continuous dividend yield of 8.68%. The forward price of Silver is $909 for delivery in 2.98 months from now.
What is the implied (yearly) risk-free rate from the forward contract?
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