Question: A long position on a forward contract is currently priced at $250 (Assume there is no dividend). The delivery price for a one year

A long position on a forward contract is currently priced at $250

A long position on a forward contract is currently priced at $250 (Assume there is no dividend). The delivery price for a one year forward contract on the stock is F = $270. What is the payoff at time 1 if S_1 =$260? *Submit your own work on the next problem! (Point 75%)

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