A stock is to pay a dividend of $1 per share in one months and in three months. The stock price is $100, and the risk-free rate of interest is 6% per annum with continuous compounding for all maturities. An investor has just taken a long position in a four-month forward contract on the stock. a) What is the present value of the income from the security? b) What is the forward price? c) What is the initial value of the forward contract? d) Three months later, the price of the stock is $95 and the risk-free rate of interest is the same, 6% per annum. What is the value of the long position in the forward price