1. Suppose r0 and T>t, then the forward price F-eT-S larger than the spot price St. Does this imply that Sr (the spot price at time T, which is unknown at time t) will be larger than St? Does this imply that investors expect ST > St? 2. Suppose an asset is traded with a known price only once per year. Suppose there is a forward contract to deliver the asset at time T, which is not one of the trading dates. Suppose t 0 is a trading date, and the asset price then is So. Is it true that the value zero forward price should be SoeT