Q1, Boring Unreliable Gadget Inc.'s stock price S is $31 today. It pays a dollar dividend after two months. If the continuously compounded interest rate is 2 percent per year, what is the forward price of a six-month forward contract on BUG?

Q2, A trader invests in Facebook by buying 1,000 shares in June for $217 per share. She also buys 1,000 put options for $25 each as insurance in case the stock drops sharply. The put options have a strike price of $217 and a maturity date of December. What is the total profit or loss for the protective put position if the stock price in December is $251?