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6) Eight months ago, a stock was expected to pay a dividend of $0.80 per share in three months, in six months and in nine

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6) Eight months ago, a stock was expected to pay a dividend of $0.80 per share in three months, in six months and in nine months. The stock price was $40, and the risk-free rate of interest was 5% per annum with continuous compounding for all maturities. You had taken a short position in an eleven- month forward contract on the stock. Today, the price of the stock has become $43 and the risk-free rate of interest is still 5% per annum. What is the value your position

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