Consider the following table, which gives a security analyst's expectations for return on the market and two well diversified portfolios of cyclical and defensive over the next year, assuming the risk-free rate is 5% : At least one of the two portfolios is mispriced. Construct an arbitrage strategy with an initial position of $1 (either long or short) in the risk-free asset, to give an arbitrage profit at the end of the year. The arbitrage strategy must not have any position in the market portfolio - you can only hold positions in the risk-free asset, and the cyclical and defensive portfolios. What is the profit per $1 long (or short) the risk-free asset? Circle your answers. Show your work for full credit. Correct answers without the coryesponding work receive 0 marks