A risk manager for an asset management firm is conducting scenario analysis on the valuation of a 2-year forward contract on stock MTE assuming a potential change in interest rates. The manager has the following information:

• Current price of stock MTE: USD 67.68
• Annually compounded risk-free rate of interest: -0.70%
• Annualized dividend yield of stock MTE: 0.44%

Assuming the forward contract is currently fairly priced, and all dividends are reinvested into stock MTE, what is the best estimate of the change in the value of the forward contract (per share of MTE) if the risk-free rate of interest were to immediately increase by 1%?