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Look at the quotes from Barchart from October 6, 2019 Futures Market Overview Contract Exchange Last CLYOO (Cash) NYMEX 52.72 CLX19 (Nov '12 NYMEX 52.81s

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Look at the quotes from Barchart from October 6, 2019 Futures Market Overview Contract Exchange Last CLYOO (Cash) NYMEX 52.72 CLX19 (Nov '12 NYMEX 52.81s Assume that annual risk free rate is 3.2% and futures will expire in 42 days. 1. (6 points) Show whether there is any arbitrage opportunity? 2. (6 points) Show how you carry the arbitrage and how much will be the arbitrage profit

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