5. It is now January 1st.. Stock A (which does not pay a dividend) is trading at $50 per share, and the riskfree rate of return is 4% a year. a. What should be the 1-year forward price? b. What is the initial value of the contract? c. Six months later, on July 1 st, the stock is trading at $53 and the interest rate is unchanged. What is the forward price now for delivery in December? (Note that it is now the 6 -month forward price) d. What is the value of the contract now, 6 months later (on July 1st)