Part c) is not related to Parts a) -b). c). The price of 1-year index futures contract for S&P 500 is 3,000, while the current S&P 500 index value is 2,952. It is also known that the dividend yield on S&P 500 is 1% per year compounded annually. Assume you can borrow and lend money at the riskless rate of 2% per year compound annually. Also, you can buy and short sell the S&P 500 index now. Design an arbitrage strategy and show that the strategy has a zero cost with a sure profit at the end of Year 1