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A company has entered a short position in a forward contract to lock in a price of $89 for year.in 8-month time, the market price

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A company has entered a short position in a forward contract to lock in a price of $89 for year.in 8-month time, the market price of the underlying asset has risen to $145, and the interest rate is 4% per annum with continuous compounding. Calculate the value of the forward contract to the company in 8-month time. Choose the best answer. O a $52.18 O b. $58.34 O c. -$58.34 O d. None of the other answer provided is the best

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