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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 $ 3 8 .
A short forward contract that was negotiated some time ago will expire in three months and has a delivery price of $ The current forward price for threemonth forward contract is $ The three month riskfree interest rate with continuous compounding is What is the value of the short forward contract? Please round your answer to two decimal places. Please show all work
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