What is the value of forward contract today

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Suppose that on January 1 you entered into a long position in a forward contract that matures one year later. The forward price was $214 at that time, and the continuously compounded interest rate was 10% per annum for all maturities. Six months have now passed and the spot price is now $150 (interest rates are the same).

A) What is the value of your forward contract today?

Reference no: EM132774758

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