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A non-dividend-paying stock is currently priced at $43.03. The risk-free rate is 3 percent and...

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Finance

A non-dividend-paying stock is currently priced at $43.03. The risk-free rate is 3 percent and a futures contract on the stock matures in four months. What price should the futures be?

(Do not round intermediate calculations. Round your answer to 2 decimal places.)

Futures price =

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