Calculate the value of the forward contract

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Reference no: EM131207401

A long forward contract on a non-dividend-paying stock was entered into some time ago. It currently has 8 months to maturity.The risk-free rate with continuous compounding is 6.6% per annum, the stock price is $39.26 and the delivery price is $30. Calculate the value of the forward contract?

Reference no: EM131207401

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