On date t, a bank is quoting a price of $83 per share for a forward contract on AES Corporation stock. The forward contract expires in 6 months. The date t price of AES Corporation stock is $83.72 per share and the interest rate is 1.25% (for continuous compounding). AES Corporation pays a $0.75 per share quarterly dividend. The dividend payments occur on dates t+0.15, t+0.40, t+0.65, and so forth, where time is measured in years.

Is this an arbitrage opportunity? If yes, calculate the arbitrage profit per share and construct a cashflow table that describes the transactions you would use to exploit the arbitrage.