A one-year long forward contract on a non- dividend -paying stock is entered into when the stock price is $40 $38 and the risk - free rate of...

A one-year long forward contract on a non-dividend-paying stockis entered into when thestockpriceis $40 $38 and therisk-freerate of interest is; 8% perannumwithcontinuouscompounding. A) What are theforwardprice and the initial value of theforward contract? B) Six months later, theprice of thestockis $45 46 and therisk-free interest rateis still 10%8%.What are theforwardprice and the value of theforward contract?