An investor plans to borrow $100 in year 2022 and to repay in year 2024. For this borrowing, the investor can fix the interest rate now in year 2020 using zero-coupon bonds. (a) True (b) False One day, a long position in futures contract receives the daily gain of $5 per contract. Then, a short position in the same contract should see the daily loss of $5 (the gain of -$5) per contract. (a) True (b) False An investor wants to take a long position in futures contract. To start the position, money in the same amount as the futures price should be deposited to the margin account. (a) True (b) False Consider a stock that pays no dividends and currently sells for So. The forward on this stock for date-T delivery has the forward price Fo that is greater than Soe T. Suppose that short selling for this stock is NOT allowed in the market. For the forward, we can either long or short. Here, we can make an arbitrage. (a) True (b) False