Suppose you bought a forward contract on january 1 that, Financial Management

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Suppose you bought a forward contract on january 1 that

Suppose you bought a forward contract on January 1 that matures six months later. The forward price was $220 at the time of purchase, and the continuously compounded interest rate was 8% per year. Three months have passed, and the spot price is now $150. What is the VALUE of your forward contract today?

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Financial Management: Suppose you bought a forward contract on january 1 that

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Financial Management: Suppose you bought a forward contract on january 1 that

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