A forward contract is worth zero when it is first set up$.$ When times go by$,$ however, the forward contract may have a positive or negative value.

One year ago, an investor sets up a long forward contract on an investment asset that provides no income with the delivery price of $$53$

$.$ The forward contract still has $6$

years until maturity. The current spot price of the investment asset is $$53$

and the risk$-$free rate for all maturities $($with continuous compounding$)$ is $0\mathrm{.}08$

$.$

What is the value to the nearest cent of this forward contract?

Please provide your answer in a numerical value with two digits after the decimal point $($e$.$g$.,00\mathrm{.}00).$

Please use the continuous compounding $($the exponential function$).$

Please do not include the dollar sign.

Please use the minus sign $(-)$ for a negative value.

The current value of this forward contract is: $