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please explain carefully Question 12. A long forward contract that was negotiated some time ago will expire in three months and has a delivery price
please explain carefully
Question 12. A long forward contract that was negotiated some time ago will expire in three months and has a delivery price of $60. The current forward price for a three-month forward contract is $63. The three-month risk-free interest rate is 12% per annum with continuous compounding. What is the value of the long forward contractStep by Step Solution
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Financial Modeling Using Excel And VBA
Authors: Chandan Sengupta
1st Edition
0471267686, 978-0471267683
