Suppose that the spot price of gold is $600. The total cost of insurance and storage for gold is $30 per year, payable in advance. The rate of interest for borrowing or lending is 20% per year. If the forward price is $800, and you are interested in arbitrage, you would: (Hint: Check answer with an arbitrage table)

		Sell the spot commodity, lend money, and buy a forward contract
		Borrow money, buy the spot commodity, and buy a forward contract
		Borrow money, buy the spot commodity, and sell a forward contract
		Sell a forward contract, lend money, and buy the spot commodity
		Sell a forward, borrow money, and sell the spot commodity