You should upload an Excel spreadsheet (or handwritten answers). Please ensure that it is well-organized and formatted in a way that makes your answers clear.

(10 points) The current value of a nondividend paying stock is 1,100, and the continuously compounded risk-free interest rate is 5%. A. What is the arbitrage-free 6-month forward price? B. Assume that the forward contract is offered to you at a price of 1,130. Build a table of the three transactions that you would conduct, and calculate your arbitrage profit. C. Is your position in Part B a cash-and-carry arbitrage or a reverse cash-and-carry?