$($ Financial Derivatives $)$ 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 $8\%.$ What is the value of the short forward contract?

A$.+$ $$2\mathrm{.}00$

B$.$ $$2\mathrm{.}00$

C$.+$ $$1\mathrm{.}96$

D$.$ $$1\mathrm{.}96$