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Consider a six-month forward contract on an asset. The risk-free rate of interest with continuous compounding is 10% per year. The asset price is $30

Consider a six-month forward contract on an asset. The risk-free rate of interest with continuous compounding is 10% per year. The asset price is $30 per share. The yield is 4% per year with seminannual compounding. Suppose that the forward price is $33. Find an arbitrage opportunity. To receive full credit, find the net profit per share.

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