year. (a) Determine the current forward price F(0, 1) maturing in one year. (b) For a short position in forward maturing in one year, find the expected value of the forward after 9 months if at that time the stock price turns out to be $48 or $52 equally likely. Recall that the value of a long forward position is given by (F(t, T) F(0,T)B(t, T), where F(t, T and B(t. T) are respectively the forward price and the price of a zero coupon bond at time t, both maturing at time T. year. (a) Determine the current forward price F(0, 1) maturing in one year. (b) For a short position in forward maturing in one year, find the expected value of the forward after 9 months if at that time the stock price turns out to be $48 or $52 equally likely. Recall that the value of a long forward position is given by (F(t, T) F(0,T)B(t, T), where F(t, T and B(t. T) are respectively the forward price and the price of a zero coupon bond at time t, both maturing at time T