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Today is February 12, 2021. You are long a forward contract on 2,200 shares with strike 129.42 maturing on June 24, 2021 (132 days from

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Today is February 12, 2021. You are long a forward contract on 2,200 shares with strike 129.42 maturing on June 24, 2021 (132 days from today). The stock's current price is 123.32, continuously compounded risk-free interest rates are 4.00% and the stock is not expected to pay any dividends. Assume that no collateral is required, there are no bid/ask spreads, you can buy or sell the asset in any quantity and can short the asset at no cost. What is the fair forward price for the stock? Round your answer to two decimal places. I What is the present value of the forward contract? Round your answer to the nearest dollar. Question Help: Written Example Message instructor Submit

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