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Question 26 2 pts A long forward contract that was negotiated some time ago will expire in three months and has a delivery price of

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Question 26 2 pts A long forward contract that was negotiated some time ago will expire in three months and has a delivery price of $42. The current forward price for three-month forward contract is $40. The three month risk- free interest rate (with continuous compounding) is 4%. What is the value of the short forward contract? Please round the number solution to 2 decimal places. Your answer: $

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