A short forward contract that was negotiated some time ago will expire in three months and has

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A short forward contract that was negotiated some time ago will expire in three months and has a delivery price of $40. The current forward price for three-month forward contract is $42. The three-month risk-free interest rate (with continuous compounding) is 8% per year. The value of the short forward contract is closest to:

Posted Date: May 17, 2024 10:11 PM

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A short forward contract that was negotiated some time ago will expire in three months and has

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