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You bought a two-year equity forward contract at $152 and suppose today is nine months to expiration. The underlying is currently trading for $165, and

You bought a two-year equity forward contract at $152 and suppose today is nine months to expiration. The underlying is currently trading for $165, and interest rates are 5% on an annual compounding basis. If there are no other carry cash flows, how much is the value of the existing forward contract today?

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