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The spot price of an investment asset that provides no income is $30 per unit and the risk-free rate for all maturities (with continuous compounding)
The spot price of an investment asset that provides no income is $30 per unit and the risk-free rate for all maturities (with continuous compounding) is 10%. What is the present value of a three-year short forward contract for the sale of 100 units of the asset with a delivery price of $30 per unit?
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