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A stock is currently priced at $ 5 3 . 8 7 and the futures on the stock that expire in six months have a

A stock is currently priced at $53.87 and the futures on the stock that expire in six months have a price of $55.94. The risk-free rate is 5 percent and the stock is not expected to pay a dividend. Is there an arbitrage opportunity here? How would you exploit it? What is the arbitrage opportunity per share of stock?

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