My guess would be right at the hood latch!

Similar to the switch for the trunk light, it is right at the trunk latch.

When the trunk lid or hood is closed, the protruding hook will press down, depressing the switch "element" that opens the circuit, turning off the light.

I would try to locate the trunk switch, play with it to turn if off to get an idea.

This would mean the hood switch is always ON (?) implying the battery would drain after some time.

Dave

PS Can you define "always ON" ? Does it mean you close the hood and crawl underneath the car to see the hood light is still ON ? My '95 Mystique does have a hood light and it is ON as soon as I pop the hood smile

(To verify the trunk light is off when closed, I folded the rear seat then open and close the trunk lid.)