Question 1. (This question has two parts: land II) Your beloved Machine's {YBM} current stock price is $90.YBM December 100 calls trade for $6. [Hint X: Y split means, for every Y shares, there are X shares after stock split. Part I. Adjust the options prices and terms of the contract for a 4:1 split. [2.5 Marks] Part II. Adjust the options prices and terms of the contract for a 3:2 split. [1.5 Marks] [Total 1.5 Marks + 2.5 Marks = 4 Marks] Question 2. Explain the difference between the forward price and the value of a forward contract. How are they related? [4 Marks]