An Investor Enters into a Forward Contract to Buy 5,000 $- \$ 15,000$

Multiple Choice

An investor enters into a forward contract to buy 5,000 barrels of oil at $80 a barrel in three months. Two months later, suppose that the one-month forward price of oil is $83 a barrel, and the one-month interest rate is 0%. The value of the contract the investor holds after two months is

A) $- \$ 15,000$
B) + $15,000
C) +$400,000
D) +$415,000