$.$Some time ago, you entered into a forward contract to buy $100$ units of an equity index at a forward price of $5,150.$ The forward contract matures $6$ months from today. Today$$s spot price of the index is $5,310,$ the $6-$month interest rate is $2\mathrm{.}50\%$ per annum continuously compounded, and the $6-$month dividend yield is $2\mathrm{.}00\%$ per annum continuously compounded. Today$$s value of your forward contract is closest to:

Question $9$ Answer

a$.$

$+$$$17,114$

b$.$

$-$$$22,397$

c$.$

$-$$$17,114$

d$.$

$+$$$22,397$