Consider Exercise 6. Six months have now passed so that today is November 15, 2000. You want to calculate the payoff from being long the forward contract. Using the data in Table 5.10 answer the following
(a) What is the amount of the payoff if you are long the forward contract?
(b) Do you make money or lose money?

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May 15,2000 November 1S, 2000 Maturity 20,7) Matunny 025 0.50 0.75 100 125 1.50 175 200 0.9847 9679 9537 935 09189 0.9033 0.8882 8742 0.25 0.50 0.75 1.00 12S 1.50 1.75 2.00 26.7 .9848 0.9692 9545 9402 0.9260 9147 0.9023 8897 ScumCRS