1. The interest rate is 4% with semi-annual compounding. (i) (ii) What is the 6 month forward price of a stock with spot price $ 30, and which is not expected to pay a dividend within the next 6 months? (5 marks.) What is the 1 year forward price of a bond with spot price $ 100, and which will pay coupons of $2 in 6 months' time, and 12 months' time? (The long forward party will receive the bond ex- coupon.) (5 marks.)