1. Explain what is logic underlying the equilibrium price of forward contract under the cash and carry model (provide the analytical formula for it)

2. Describe with an examplenwhatbyou would do in case the market price of a stock forward contract were higher than it's equilibrium price (describe the operations)

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3. The price of gold in the sport market is $ 1.500 per ounce. The price of a zero coupon maturing in one year is $ 0.95. What will be the one-year forward price for gold?

4. The current price of YBM stock is $109. The interest rate is 5.25% per year. What will be the five month forward price of YBM stock?