Question: Question 7 (1 point) A long forward contract that was negotiated some time ago will expire in three months and has a delivery price of

 Question 7 (1 point) A long forward contract that was negotiated

Question 7 (1 point) A long forward contract that was negotiated some time ago will expire in three months and has a delivery price of $41. The current forward price for 12 month forward contract is $36. The 12 month risk-free interest rate (with continuous compounding) is 8.00%. What is the value of the short forward contract

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