4. XYZ company is selling for $100 at close of trading May 3. On May 4, XYZ goes ex-dividend; the dividend amount is $1. The price drop (from past examination of the data) is only 90% of the dividend amount. The transactions needed by a tax-exempt U.S. pension fund for the arbitrage are as follows: stock cum-dividend at s (fill in the blank) 2. Wait till stock goes ex-dividend; sell stock for: 3. Collect dividend on stock Find net profit (show work)