Financial Derivatives:

Dwight is the financial manager of a firm and observes that a Futures contract written on a commodity is trading at $113, and has six months to maturity. The underlying commodity is currently selling for $110 but accrues storage costs at a rate of 2%. The risk-free rate is 5% per annum with continuous compounding for all maturities. Is there an arbitrage opportunity and, if yes, how should Dwight exploit it