(3).The spot price of an investment asset that provides no income is $30 and the risk-free rate for all maturities (with continuous compounding) is 10%. If the three-year futures price is quoted as $35, which of the following strategies will guarantee arbitrage profit? (a) Short futures, long the underlying asset, and borrow (b) Short futures, long the underlying asset, and invest (c) Long futures, long the underlying asset, and borrow (d) Long futures, short the underlying asset, and borrow (e) Long futures, short the underlying asset, and invest