Question: Question 7 1 2 pts At date t , a trader takes a short position in a forward contract on a stock. The date t

Question 712 pts
At date t, a trader takes a short position in a forward contract on a stock. The date t forward price is $1,820.11 per share and the contract size is 139 shares. At the contract's expiration date, the stock price is $1,801.07 per share. What is the value of the trader's total payoff at the contract's expiration date?
Enter your answer in the box below. Use two decimal places. Do not include the dollar sign, $.

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