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(iv) Sometimes it is the case that you would he prepared to actually pay someone else for the right to walk away from a forward

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(iv) Sometimes it is the case that you would he prepared to actually pay someone else for the right to walk away from a forward contract. In this case, the value of the forward contract is negative. Re-do part (iii) under the assumption that on May 20, the price of one ABC share is $55!]. (v) 'What is the May 20 value of a short position in the original forward contract if the ABC share price on May 20 is $150? (vi) What is the May 20 value of a short posi1ion in the original forward contract if the ABC share price on May 20 is $50? (vii) What is the value of a long position in the original forward contract on February 20 (the entry date}

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