4. Suppose T = 180 days, 8 = 0.r = 4.75% and For = 50.25 and you are long in forurard contracts to buy the stock). After 90 days (that mean today), you decided you want to close out the forward contract position. Thus enter into another forward contract to sell the stock, which mature in 90 days with current stock price price 45. Assume 365 days per year. (a) What is the second forward contract price (6) What is the combine payoff (both long and short) at maturity (c) What is the present value (as of today) of combine position 4. Suppose T = 180 days, 8 = 0.r = 4.75% and For = 50.25 and you are long in forurard contracts to buy the stock). After 90 days (that mean today), you decided you want to close out the forward contract position. Thus enter into another forward contract to sell the stock, which mature in 90 days with current stock price price 45. Assume 365 days per year. (a) What is the second forward contract price (6) What is the combine payoff (both long and short) at maturity (c) What is the present value (as of today) of combine position