Business, 23.03.2021 01:40 akaeiraspruell

Suppose that 3 months ago you entered into a long position on a forward contract on a non-dividend-paying stock and that the contract has 5 months to maturity. Suppose the continuously compounded risk-free interest rate is 7% per annum, the stock price is $67, and the delivery price is $65. What is the value of the forward contract? (Round your answer to 2 decimal places. Do not include $ sign.)

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Suppose that 3 months ago you entered into a long position on a forward contract on a non-dividend-p...

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