Today is April 17, 2023. You are a dealer in kryptonite and are contemplating a trade in a forward or futures contract. The time to maturity is 4 days (April 21), and the spot price of kryptonite is $100. The daily compounded risk-free rate is 0.5% per day.

(a) What is the forward/futures price for a contract with delivery on April 21?

(b) Suppose that you decided to fix the price with the forward contract on 10 units of kryptonite. What is your payoff from holding the forward contract to maturity, if the price of kryptonite on April 21 is $106 per unit?