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1. Suppose that you buy a forward contract today at a price of $100. The contract expires in 2 years. The risk-free rate is 10%.

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1. Suppose that you buy a forward contract today at a price of $100. The contract expires in 2 years. The risk-free rate is 10%. Now, 1 year later, the spot price of the asset is $105. Then what is the value of the contract with 1 year remaining

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