On date t$,$ a bank is quoting a price of $$142\mathrm{.}50$ per share for a forward contract on Kimberly$-$Clark Corporation stock. The forward contract expires in $7$ months. The date t price of Kimberly$-$Clark stock is $$143\mathrm{.}20$ per share and the interest rate is $1\mathrm{.}2\%($for continuous compounding$).$ Kimberly$-$Clark pays a $$1\mathrm{.}14$ per share quarterly

dividend. The dividend payments occur on dates t$+0\mathrm{.}20,$ t$+0\mathrm{.}45,$ t$+0\mathrm{.}70,$ and so forth, where time is measured in years. Note that the spacing between dividends is $0\mathrm{.}25$ years since the payments are quarterly.

Is this an arbitrage opportunity? If yes, what trades would you do to earn an arbitrage profit? Using a trade size of $1$ share, construct a cashflow table that shows the trades you

would use. What is the arbitrage profit per share?