An investor entered into a 1-year forward contract on January 1, when the price of the stock was 75. You are given: The stock pays semiannual dividends of 1, with the first dividend payment occurring on June 1. The continuously compounded interest rate is 3%. On August 1, the stock price rose to 82. Calculate the value of the investor's long forward on August 1.

Which statement or statements are implied by equilibrium conditions of the loanable funds market? a firm borrowing in the loanable funds market invests those funds with a higher expected return than any firm that is not borrowing. investment projects which use borrowed funds are guaranteed to be profitable even after paying interest expenses. the quantity of savings is maximized, thus the quantity of investment is maximized. a loan is made at the minimum interest rate of all current borrowing.