Answer fast please in 5 -10 minutes

Ou 4 Na yul Rahul Trivedi, usually invests in stock market for a long run but becomes active whenever he finds that market is going to be vote. Recently for a long interaction with a stock marlent expert during seminare thinking of arbitrage opportunities Heres to create arbitrage opportunity using index future contrad based on the following information pertaining to the index The current level of the index 4375 A monthtites contract on the index co be purchased for 4650. His free to contro compounding per annum Further also assumed that of the stock in the index which pad dividend last year we pay for the year too and that the dividend yield of the Index will not change in future The index is a muscle of 100 and the tenure of the futures contract is months Mario 2000 Required ( Calcut the fair value of the index futures contract (b) Verify whether there exists the scope for riskless arbitrage using index futures te) Calculate the investor's gainstosses in the index stands of 4000, 8000 at the end of six months (You can assume the absence of taxes, transaction costs)