Suppose that Goldman Sachs sells a one$-$year forward contract on a non$-$dividend paying stock to an investor. Suppose also that the one$-$year forward price for the contract is $$100.$ True of false: To hedge its exposure, Goldman Sachs should short the stock in the spot market and purchase a risk$-$free zero$-$coupon bond with face$-$value of $$100$ and maturity of one year.

Group of answer choices

True

False