compounding) is 10%. What is the 4-year forward price? (Keep your answer to 2 decimal places.) QUESTION 4 The spot price of an investment asset is $22 and the risk-free rate for all maturities is 9% with continuous compounding. The asset provides an income of $3 at the end of the first year and at the end of the second year. What is the three-year forward price? (Keep your answer to 2 decimal places) QUESTION 5 A forward contract for the delivery of wheat in 7 months trades at $149/ tonne. The spot price for wheat is $150 per tonne, the riskless rate is 8%, and storage costs are 1%. After calculating the fair price for the forward contract, you have identified there is an arbitrage opportunity. How much is the arbitrage profit? (keep 2 decimal places) QUESTION 6