A stock price is $60 today. It pays dividend of $1 after two months and $1.05 after five months. The continuously compounded interest rate is 2% per year. Transaction costs are $0.10 per stock traded, a $0.25 one-time fee for trading forward contracts, and no costs for saving or borrowing. If the six-month forward price is $61, demonstrate how to make arbitrage profits or explain why you cannot.