please provide clear steps

4. The current price of ABCD stock is 100 . The stock pays dividends continuously at a rate of 3.2%. A nine-month forward contract on the stock is being quoted with a forward price of 104 . The continuously compounded riskfree rate is 6%. Determine if an arbitrage opportunity exists, and if so describe how you could take advantage of a misprice. Include the number of shares of stock (short or long) and how much cash (short or long) to create the synthetic asset. How much risk-free profit could you make? 4. The current price of ABCD stock is 100 . The stock pays dividends continuously at a rate of 3.2%. A nine-month forward contract on the stock is being quoted with a forward price of 104 . The continuously compounded riskfree rate is 6%. Determine if an arbitrage opportunity exists, and if so describe how you could take advantage of a misprice. Include the number of shares of stock (short or long) and how much cash (short or long) to create the synthetic asset. How much risk-free profit could you make