Futures on bonds and stocks

Futures on bonds and stocks

(a) Is the futures price of a fixed rate bond likely to be higher, lower or the same as its forward price? Give brief reasoning.
(b) Is the futures price (for a futures contract with maturity T 0) of a floating rate bond likely to be higher, lower or the same as its forward price? How does your answer change if T = T0?
(c) Is the futures price of a stock likely to be higher, lower or the same as its forward price?

Futures on bonds and stocks