Question: Question 7 (10 points) Listen A short forward contract that was negotiated some time ago will expire in 8-month and has a delivery price of

 Question 7 (10 points) Listen A short forward contract that was

Question 7 (10 points) Listen A short forward contract that was negotiated some time ago will expire in 8-month and has a delivery price of $42.25. The current forward price for the 8-month forward contract is $42.50. The 8-month risk-free interest rate (with continuous compounding) is 4.65%. What is the value of the short forward contract? Answer with two decimal digits accuracy and the correct sign. Example: -11.92

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