Suppose Spot rate for DVY 1.2.22 is $132.22 bid and $132.44 ask. 1Y interest rate 0.50%. dividend yield 2.04%

Because of the decline in high-growth stocks in 2021 year-to-date, there is a belief that high-dividend paying stocks are becoming more popular. The performance of these stocks will rise and with interest rates rising, they will feel pressure to raise dividends, even more, resulting in a near-doubling of the DVY dividend yield from 2.04% to 4.00%. Set up an arbitrage trade that would benefit from this. State both sides of the trade (buy and sell). Be sure to compute gain/loss in percentage terms