Question 1. Forward and Spot Prices [45\%] Assume that the underlying asset/stock is an investment asset. The information of the forward price and stock price is provided as follows: Question 1-Part A [10\%] By using the information above and applying the Cost-of-Carry Model, show that there is an Arbitrage Opportunity. [Show your answers, including any formula, steps/calculations, and discussions as clear as possible] Question 1 - Part B |20\%] In addition, clearly explain and illustrate the arbitrage " "Cash-and-Carry" or "Reverse Cash-and-Carry") strategy and compute the arbitrage profit. [Show your answers, including any formula, steps/calculations, and discussions as clear as possible] Question 1-Part C [ [15\%] True or False? "In Question 1 above, the arbitrage strategy cannot generate profit if the future Spot Price (ST) becomes volatile." Explain your answers using your own discussions and support your answers with example(s)