Which of the following statements is/are true? 1. A 9-month forward contract was initiated 1 months ago. The delivery price is $290 and the forward price now is $310. If the interest rate is 10% per annum continuously compounded, the value of the contract to a person holding a long position is $19.62. ii. A 1-year forward contract was initiated 3 months ago. The delivery price is $62, and the forward price now of this contract is $66. If the interest rate is 10% per annum continuously compounded, the value of the contract to a person holding a short position is -$3.71. O a. I only O b. ll only O c. Both i and ii O d. Neither i norii