Question 9 (4 points) Which of the following is true? For the case of continuous dividends, the annualized forward premium is simply the difference between the risk-free rate and the dividend yield. A transaction in which you buy the underlying asset and short the offsetting forward contract (on the underlying asset) is called a cash-and-carry. An arbitrage that involves short-selling the underlying asset and entering into a long forward position is called reverse cash-and-carry arbitrage. O All of the above. None of the above. Question 10 (4 points) Which of the following statements does NOT accurately reflect the relationship between securities and synthetic forward contracts? Stock - forward + zero coupon bond Forward = stock - zero coupon bond Prepaid forward - forward - zero coupon bond Zero coupon bond - stock - forward