Suppose CAC 40, an Italian stock market index currently stands at 10,500. The risk-free interest rate is 4% per annum (with continuous compounding) and the dividend yield on the index is 2% per annum. If the index futures price for a six-month contract is 10,739 , which of the following statements is/are correct? i. There is an arbitrage opportunity. The trader can buy the stocks underlying index at the spot price and short the futures contracts. ii. There is an arbitrage opportunity. The trader can short sell the stocks underlying index at the spot price and long the futures contracts. iii. If the index futures price is 10,375 , then there is no arbitrage opportunity. iv. If the index futures price is 10,506 , then there is no arbitrage opportunity