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Some time ago, you entered a forward contract to purchase 10 shares of Advanced Micro Devices, Inc. (AMD) for $32 per share. Your forward contract

Some time ago, you entered a forward contract to purchase 10 shares of Advanced Micro Devices, 
Inc. (AMD) for $32 per share. Your forward contract ends in 6 months and the current spot price 
of AMD is $29.42 per share. Assume a risk free rate of interest of 1% per year. (2.00 points) 

(a) What is the current price of a forward which ends in 6 months? 

(b) What is the value of your seasoned forward? 

Suppose now the current spot price of AMD is $33.42 per share. 

(c) What is the current price of a forward which ends in 6 months? 

(d) What is the value of your seasoned forward?

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