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A person enters into a forward contract to sell 5000 kg of sugar to another person at 40/- per kg after a year. After a

A person enters into a forward contract to sell 5000 kg of sugar to another person at 40/- per kg after a year. After a 6 months the value of sugar falls to 35. Determine the value of his contract after 6 months. Assume interest rate as 10% continous throughout.

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