A forward contract for one share of Sigma Inc in one year has a strike price of 187. Sigma's share price is currently trading at 160 and does not pay a dividend Suppose you are offered a risk troo opportunity to deposit or borrow 1,000,000 today for a period of one year at an effective annual rate of 11%. What is the total risk-free profit to the near pound? You may wish to use relationship between the offective annual rater and the continuous rate re given by 1+ r = exp(rc)