Multiple Choice
Suppose you sell a three-month forward contract at $35.One month later,new forward contracts are selling for $30.The risk-free rate is 10 percent.What is the value of your contract?
A) $4.96
B) $5.00
C) $4.92
D) $4.55
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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