1, (Pricing a forward contract with dividends) The current price ofsilver is $206 per ounce. The storage cost is $1 ounce per year, payable quarterly in advance. Assuming a constant annual interest rate of 9% compounded quarterly, what is the theoretical forward price of silver for delivery in 9 months? Please submit your answer rounded to the nearest integer - for example, if your answer is 19.8, round it to either 20. Enter answer here 2, (Pricing Call Options) Consider a 1-period binomial model with R = 1.05, So 2 50, u = 1/d = 1.08. What is the value ofa European call option on the stock with strike K = 52, assuming that the stock does not pay dividends? Please submit your answer rounded to two decimal places. So for example, if your answer is 5.489 then you should submit an answer of 5.48 or 5.49