What is the answers to these

11. Buy position of a forward agreement is better than a long position in stock because a) Smaller possible loss and larger gain b) Statement is not true, long a forward and long in stock are equally good. c) Forward requires not initial expenditure while buy stock require payment for the stock 12. Hedging protection using a basic forward agreement is gotten by a) Paying a fee b) Giving up favorable price change to avoid an unfavorable price change c) Government guarantees d) Cannot hedge with a basic forward agreement, only a novated forward agreement 13. The forward calls for delivery of a stock paying no dividends. The stock's price is $50.50. Expiration is in 60 days. 60-day loan rate is 5.60%. How much is the forward price? 14. The forward calls for delivery of a corporate bond with interest rate 4.50%. The bond's price is $100.50. Expiration is in 90 days. 90-day loan rate is 5.0%. How much is the forward price