Suppose on 31-Dec-2019 you entered into a forward contract to buy one share of stock XYZ for delivery price = L = $50 with delivery date 31-Dec-2020. You enter t and S(t) into your formula for V(S,t) to figure out todays value of the contract. Now suppose you learn to your surprise that interest rates are not constant; they can change in an uncertain way over the time period from today to 31-Dec-2020.

[A] Assume that todays stock price and the interest rates that prevail today have not changed. Will the forward price that you compute today (for delivery date 31-Dec-2020) change because of your revised view that future interest rates are uncertain?

[B] Will V(S,t), the value of the forward contract, change? Why or why not?