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An investment bank went long a forward contract with 4-month expiration on the Nasdaq index with forward price of $7,860. One month into the life

An investment bank went long a forward contract with 4-month expiration on the Nasdaq index with forward price of $7,860. One month into the life of the contract, the value of the Nasdaq index is 7,800, it's (continuous) dividend yield is 3% and the (continuous) risk free rate is 2%. What is the value of the forward contract?

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