Please show every step and provide a detailed solution. Thank you

1. Consider a nine-month forward contract on a dividend-paymg stock. The current stock price is $100 and the stock will pay a dividend of $5 per share in six months. The six-month and nine- month risk-free interest rates are 10.00% and 10.80% per annum, respectively, with continuous compounding. Ifthe quoted forward price is $102, is there an arbitrage opportunity? If so, what are the correct arbitrage strategy and the arbitrage profit? For the arbitrage strategy, you MUST show the cash flows from each transaction and the resulting net cash flows.