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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 $ $38 .$ The current forward price for three $-$ month forward contract is $ $43 .$ The three month risk $-$ free interest rate $($ with continuous compounding $)$ is $7 % .$ 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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