33. A 15-month futures contract on an equity index is currently trading at USD 3,759.52. The underlying equity index is currently valued at USD 3,625 and has a continuously compounded dividend yield of 2% per year. The continuously compounded risk-free rate is 5% per year. Assuming no transactions costs, what is the appropriate strategy to earn potential arbitrage profit? A. Buy the futures contract and buy the underlying. B. Buy the futures contract and sell the underlying. C. Sell the futures contract and buy the underlying. D. Sell the futures contract and sell the underlying