Suppose that the continuous dividend yield of the stock of QRS is q = 2% per annum. On March 30, 2020, the stock is traded at $100. The continuously-compounded risk-free rate is rc = 5% per annum.

(1) You want to enter a long position of forward contract on January 30 with expiration date March 30, 2021. Whats the forward price if you want to enter the forward contract without cost?

(2) On September 30, 2020, how much would you like to pay for the forward contract that were initiated on March 30, 2020 in (1)?