Forward Contract Pricing Calculation

Consider a forward contract on a non-dividend-paying stock with the following characteristics: the current stock price is $50, the risk-free interest rate is 5% per annum, and the contract matures in 1 year. The forward price can be calculated using the formula:

Forward Price = Spot Price × e^(r×T)

where r is the risk-free rate and T is the time to maturity in years. What is the forward price of the stock at maturity?