Question: A two - year long forward contract on a non - dividend - paying stock is entered into when the stock price is $ 4

A two-year long forward contract on a non-dividend-paying stock is entered into
when the stock price is $40 and the risk-free rate of interest is 10% per annum with
continuous compounding.
a. What are the forward price?
b.10 months later, the price of the stock is $30 and the risk-free interest rate is
still 10%. What are the forward price and the value of the forward contract?

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