Question
A short forward delivery price of $19. The current forward price for a three-month forward contract is $46. The three-month risk-free interest rate (with continuous
A short forward delivery price of $19. The current forward price for a three-month forward contract is $46. The three-month risk-free interest rate (with continuous compounding) is 8%. What is the value of the short forward contract?
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Fundamentals of Futures and Options Markets
Authors: John C. Hull
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978-1292155036, 1292155035, 132993341, 978-0132993340
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