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Suppose the spot price and the six-month futures price of soybeans are $4.80 and $5.20 per bushel, respectively. One futures contract is for buying 5,000

Suppose the spot price and the six-month futures price of soybeans are $4.80 and $5.20 per bushel, respectively. One futures contract is for buying 5,000 bushels. The six-month risk-free interest is 6% per year. The storage cost for soybeans is $0.05 per bushel for six months, paid in advance. Could you make an arbitrage profit in the soybean market? How?

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