Question: A short forward contract that was negotiated some time ago will expire in three months and has a delivery price of $65. The current forward

 A short forward contract that was negotiated some time ago will

A short forward contract that was negotiated some time ago will expire in three months and has a delivery price of \$65. The current forward price for three-month forward contract is $69. The three-month risk-free interest rate (with continuous compounding) is 3.125%. What is the value of the short forward contract? +$4.00+$3.97+$3.97

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