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8) A long forward contract that was negotiated some time ago will expire in three months and has a delivery price of $140. The spot

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8) A long forward contract that was negotiated some time ago will expire in three months and has a delivery price of $140. The spot price of the underlaying asset is $141.42, while its current three-month forward price is $145. The three-month risk-free interest rate with continuous compounding is 10%. What, to the nearest cent, is the value of the long forward contract? (10 points)

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