Exercise 4.1 (Exercise 3.12 - continued) Suppose that you enter today into a long position in a 6-month forward contract on a nondividend paying stock when the stock price is $30 and the risk-free interest rate (with continuous compounding) is 5% per annum. (a) What is the arbitrage-free forward price today at t=0 ? (b) What is the value of the long position in the forward contract today at t=0 ? (c) Suppose in 3 months the stock price will be $35. What will be the value of the long position in the forward contract entered into at time t=0 at that time