A forward contract is worth zero when it is first set up$.$ When times go by$,$ however, the forward contract

may have a positive or negative value.

One year ago, an investor sets up a long forward contract on an investment asset that provides no

income with the delivery price of $$20.$ The forward contract still has $4$ years until maturity. The current

spot price of the investment asset is $$19$ and the risk$-$free rate for all maturities $($with continuous

compounding$)$ is $0\mathrm{.}07.$

What is the value to the nearest cent of this forward contract?

Please provide your answer in a numerical value with two digits after the decimal point $($e$.$g$.,$

$00\mathrm{.}00).$

Please use the continuous compounding $($the exponential function$).$

Please do not include the dollar sign.

Please use the minus sign $(-)$ for a negative value.

The current value of this forward contract is: $