Which of the following statement is/are true? 1. The forward price is the expected future spot price. For example, if the price of a non-dividend paying stock is expected to be $100 after 1 year, then the 1-year forward price of the stock is $100. Il. Other things remaining the same, the greater the convenience yield of a commodity, the greater is its forward price. O a ionly Ob lionly OC Both statements d Neither statement