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A 3 - year forward contract is agreed on an asset with price 2 , 0 0 0 at start of forward term. The forward

A 3-year forward contract is agreed on an asset with price 2,000 at start of forward term. The
forward price agreed is 2,100. The asset pays a single income payment of 150 after 2 years. The
price of the asset one-year into the forward term is 2,050.
Find the value of the contract at this time to the short-party.
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