Question: QUESTION 3 A short forward contract that was negotiated some time ago wil expire in one year and has a delivery price of $50. The

QUESTION 3 A short forward contract that was negotiated some time

QUESTION 3 A short forward contract that was negotiated some time ago wil expire in one year and has a delivery price of $50. The current stock price underlying this forward contract is $40. The risk free rate with continuous compounding is for all maturites. The cok pays dividend payment of each in months and 6 months, respectively. What is the value of this forward contract? $11.98 $11.98 $5.98 55.98

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