Three months ago a company entered in a one-year forward contract to buy 100 ounces of gold. At the time, the one-year forward price was USD 1,000 per ounce. The nine-month forward price of gold is now USD 1,050 per ounce. The annually-compounded risk-free rate is 4% per year for all maturities, and there are no storage costs. Which of the following is closest to the value of the contract?