Question: Six months ago, a trader entered into a forward contract to buy a stock in 1 year and the delivery price was $44.25. Now, the

Six months ago, a trader entered into a forward contract to buy a stock in 1 year and the delivery price was $44.25. Now, the six-month forward price of the stock is $45.00 and the risk-free interest rate is 10% per year with continuous compounding. What is the value of the forward contract to the trader?

A.-$0.71

B.-$0.68

C.$0.68

D.$0.71

E.$0.75

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