Question 3 1 pts The spot price of an investment asset that provides no income is $30 and the risk-free rate for all maturities (with continuous compounding) is 10%, what is the three-year forward price of the asset? Answer with two decimal place accuracy without the dollar sign 40.5000 Question 4 1 pts In Question 3 above, if the forward price of the asset is 45$, how will you arbitrage? Long the asset in the forward market, short sell the asset in the spot market, and invest the proceeds into a risk free bond. O Short the asset in the forward market, short sell the asset in the spot market, and invest the proceeds into a risk free bond. Short the asset in the forward market, borrow cash, and buy the asset in the spot market. Short the asset in the forward market, buy the asset in the spot market, and invest in a risk free bond. Question 5 1 pts In Question 3 above, if the forward price of the asset is 355, how will you arbitrage? Long the asset in the forward market, short sell the asset in the spot market, and invest the proceeds into a risk free bond Short the asset in the forward market, short sell the asset in the spot market, and invest the proceeds into a risk free bond. Short the asset in the forward market, borrow cash, and buy the asset in the spot market Short the asset in the forward market, buy the asset in the spot market, and invest in a risk free bond